Accord Transformer & Switchgear secures 5-year UGVCL vendor approval

1 min read     Updated on 24 Jun 2026, 06:33 PM
scanx
Reviewed by
Anirudha BScanX News Team
AI Summary

Accord Transformer & Switchgear Limited received a 5-year vendor registration from UGVCL to supply 500 KVA transformers after a technical evaluation. This approval allows the company to bid for tenders with UGVCL and associated utilities, enhancing its presence in Gujarat's power sector.

powered bylight_fuzz_icon
43851793

*this image is generated using AI for illustrative purposes only.

Accord Transformer & Switchgear Limited has secured a five-year Vendor Registration Approval from Uttar Gujarat Vij Company Limited (UGVCL) to manufacture and supply 500 KVA, 11/0.415 KV Level-1 CRGO Copper Wound Distribution Transformers. The approval enables direct participation in tenders floated by UGVCL and associated Gujarat power utilities, strengthening the company's market presence in the state's power distribution sector.

UGVCL, a subsidiary of Gujarat Urja Vikas Nigam Limited (GUVNL), granted the registration following a successful factory inspection and technical evaluation. The five-year validity reflects confidence in the company's manufacturing capabilities, quality systems, and operational standards.

Key Approval Details

Parameter Details
Customer Uttar Gujarat Vij Company Limited (UGVCL)
Parent Company Gujarat Urja Vikas Nigam Limited (GUVNL)
Product 500 KVA, 11/0.415 KV Level-1 CRGO Copper Wound Distribution Transformers
Registration Validity 5 Years

The approval expands the company's approved vendor base across utilities and power sector entities. It creates opportunities to participate in power distribution projects in one of India's most industrialized and power-intensive states.

Pradeep Kumar Verma, Managing Director of Accord Transformer & Switchgear Limited, stated that the approval reinforces the company's commitment to delivering high-quality power distribution solutions. He noted that Gujarat is a key industrial and infrastructure growth hub, and this recognition enhances the company's ability to participate in utility-driven projects across the region.

Historical Stock Returns for Accord Transformer & Switchgear

1 Day5 Days1 Month6 Months1 Year5 Years
+0.33%-0.96%-2.38%+8.55%+8.55%+8.55%

What is the estimated financial impact of this approval on Accord Transformer's revenue over the next five years?

Does this five-year registration position Accord Transformer to secure similar approvals from other GUVNL subsidiaries?

How will the company scale its production capacity to meet potential demand from UGVCL tenders?

Accord Transformer & Switchgear
View Company Insights
View All News
like17
dislike

Accord Transformer wins ₹47 Lakh order from Sunsure Energy

1 min read     Updated on 24 Jun 2026, 04:03 PM
scanx
Reviewed by
Riya DScanX News Team
AI Summary

Accord Transformer & Switchgear Ltd secured a ₹47 Lakh order from Sunsure Energy for transformers in Rajasthan. The order includes 150 kVA and 500 kVA units for solar and BESS projects, with completion expected in three months.

powered bylight_fuzz_icon
43842819

*this image is generated using AI for illustrative purposes only.

Accord Transformer & Switchgear Ltd has secured a domestic purchase order worth ₹47 Lakh from Sunsure Energy Private Limited for the supply of transformers. The order involves 150 kVA and 500 kVA auxiliary transformers for solar and Battery Energy Storage System (BESS) projects located in Mundsar, Rajasthan. The projects are scheduled to be completed tentatively within three months.

Order Details

The company disclosed that the order is a commercial transaction received in the normal course of business. Accord Transformer & Switchgear Ltd will execute the project according to the terms specified in the purchase order. The company confirmed that the order does not involve any related party transactions and that neither the promoter group nor group companies hold any interest in Sunsure Energy Private Limited.

Key Order Particulars

Particulars Details
Name of Client Sunsure Energy Private Limited
Nature of Order Commercial Order for 150 kVA and 500 kVA Aux Transformer for Solar Project/ BESS Projects
Location Mundsar Project in Rajasthan
Order Size ₹47 Lakh
Execution Period 3 Months (tentative)
Entity Type Domestic

The company stated that these orders are routine in nature and do not result in any change in the business model, risk profile, or financial position of the company beyond what has already been disclosed in the offer documents. The disclosure was submitted to BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for Accord Transformer & Switchgear

1 Day5 Days1 Month6 Months1 Year5 Years
+0.33%-0.96%-2.38%+8.55%+8.55%+8.55%

Will this order lead to further collaborations with Sunsure Energy on larger renewable energy projects?

How does this order impact Accord Transformer's revenue outlook for the current fiscal year?

What are the growth prospects for the transformer market in Rajasthan's renewable energy sector?

Accord Transformer & Switchgear
View Company Insights
View All News
like16
dislike

More News on Accord Transformer & Switchgear

Must Read Next

Earnings

Corporate Actions

Stocks

1 Year Returns:+8.55%