StockWatch
·
Heavy Electrical Equipment
Business Update7 Sept 2026, 01:23 pm

Accord Transformer Bags ₹1.92 Cr in New Orders

AI Summary

Accord Transformer & Switchgear Ltd has announced securing two new purchase orders totaling ₹1.92 Crores (excluding GST). The orders were received from Ultra Mega Power Private Limited for ₹1.43 Crores and Ventora Energy Private Limited for ₹49.29 Lakhs. Both orders are for the supply of transformers and are expected to be executed within 3 months and 2 months respectively. This development signifies continued business activity and order flow for the company in the power and energy sector.

Key Highlights

  • Secured two new purchase orders totaling ₹1.92 Crores.
  • Orders received from Ultra Mega Power and Ventora Energy.
  • Orders are for the supply of transformers.
  • Execution timelines are within 2-3 months.
  • Boosts order book and signals ongoing business.