Accord Transformer & Switchgear Ltd has secured a domestic purchase order worth ₹19.97 crore from a leading private sector EPC company for the supply of wind turbine transformers. The order is for a commercial project involving 3.6 MVA, 33kV/690V and 3.6 MVA, 33kV/950V Wind Turbine Transformers for a wind project located at Gadag-1, Karnataka. The project is scheduled to be completed within five months tentatively.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated that the specific name of the client is not disclosed due to privacy terms and mutual understanding, though the announcement follows due confirmation of the order.

Order Details

The following table summarises the key parameters of the order secured by Accord Transformer & Switchgear:

Accord Transformer & Switchgear clarified that the orders are routine in nature and have been received in the normal course of business. The company further stated that these orders 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 company confirmed that there is no interest from the promoter, promoter group, or group companies in the entity that awarded the order. Additionally, the order does not fall within related party transactions.

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

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.