NewsAvantel Secures ₹137.12 Crore Order from India Meteorological Department for Wind Profiler SystemsAvantel Secures ₹137.12 Crore Order from India Meteorological Department for Wind Profiler Systems
Avantel has secured a significant contract worth ₹137.12 crores from the India Meteorological Department for supplying seven wind profiler systems along with comprehensive warranty and maintenance services. The contract includes a three-year warranty period followed by a seven-year Comprehensive Operation and Annual Maintenance Contract, with project completion scheduled by September 2027.
*this image is generated using AI for illustrative purposes only.
Avantel has officially announced securing a major supply order worth ₹137.12 crores from the India Meteorological Department (IMD), Ministry of Earth Sciences, Government of India. The company disclosed this significant contract win through a regulatory filing under SEBI Regulation 30, highlighting the order for seven wind profiler systems along with comprehensive warranty and maintenance services.
Order Details and Specifications
The comprehensive contract encompasses the supply, warranty, and Comprehensive Operation and Maintenance Contract (COAMC) for advanced wind profiler systems essential for meteorological operations. The order was formally communicated to Avantel via email on March 27, 2026.
| Contract Parameter: | Details |
|---|---|
| Total Order Value: | ₹137.12 crores (exclusive of taxes) |
| Number of Systems: | 7 wind profiler systems |
| Client: | India Meteorological Department (IMD) |
| Order Nature: | Manufacturing, Warranty & COAMC |
| Performance Bank Guarantee: | 5% |
| Completion Timeline: | September 2027 |
Service Framework and Maintenance Structure
The contract includes a robust service framework designed to ensure optimal performance throughout the operational lifecycle of the wind profiler systems. The agreement provides for a three-year warranty period followed by a seven-year Comprehensive Operation and Annual Maintenance Contract (COAMC).
| Service Component: | Duration |
|---|---|
| Warranty Period: | 3 years |
| COAMC Duration: | 7 years |
| Contract Type: | Domestic |
| Entity Classification: | Government of India |
Regulatory Compliance and Disclosure
As per SEBI regulations, Avantel confirmed that this contract does not involve any related party transactions and that promoters or group companies have no interest in the awarding entity. The order represents a purely commercial engagement with the Government of India through the India Meteorological Department.
The extended timeline until September 2027 allows for systematic manufacturing, deployment, and integration of the wind profiler systems, ensuring thorough testing and implementation phases. This substantial order reinforces Avantel's position in the specialized meteorological equipment sector and provides predictable revenue streams over the contract duration.
Historical Stock Returns for Avantel
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.14% | +3.07% | -6.48% | -26.02% | +22.86% | -30.96% |
How might this IMD contract position Avantel for additional meteorological equipment orders from other government departments or international markets?
What impact could the 10-year service commitment have on Avantel's recurring revenue model and cash flow predictability?
Will Avantel need to scale up manufacturing capabilities or form strategic partnerships to meet the September 2027 delivery timeline?
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