Core Announcement – Order Details
Awarding Entity: Punjab State Transmission Corporation Limited (PSTCL)
Domestic/International Order: Domestic (India)
Nature of Order/Contract: Procurement of 23 Nos. 160 MVA, 220/66 kV Power Transformers along with NIFPES and Optional Spares. The detailed purchase order shall follow in accordance with the terms and conditions of the tender.
Order Value:
The aggregate order value is ₹285.15 Crore (Rupees Two Hundred Eighty-Five Crore Fifteen Lakh approximately) including applicable taxes.
Breakdown of order value:
- Power Transformers along with NIFPES: ₹284,51,12,572
- Optional Spares: ₹63,66,681
- Total Order Value (Including GST): ₹285,14,79,253
Materiality Context: The company notes that this order "further strengthens the Company's presence in Punjab, which continues to be a strategically important market." The company commenced association with PSTCL in 2018 and has supplied approximately 200 transformers with an aggregate installed capacity of around 5,000 MVA across the State of Punjab.
Execution Timeline: Not Specified
Revenue Recognition / Billing Structure: Not Specified
Key Terms & Payment Milestones: Not Specified
Whether Related Party Transaction: No
Promoter Group Involvement: Not Specified
Financial Implication: Not Specified