StockWatch
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Heavy Electrical Equipment
Business Update23 Sept 2026, 06:50 pm

Accord Transformer bags ₹20.02 Cr order for wind turbine transformers

AI Summary

Accord Transformer & Switchgear Limited has announced securing a new Letter of Award (LOA) for an aggregate amount of ₹20,02,27,064 (excluding GST). The order is for the supply of 57 units of 3.6 & 5.5 MVA Wind Turbine Transformers for a wind project located in Bhuj, Gujarat. The order is to be executed within 4-5 months from the date of the Purchase Order. The client is a leading private sector EPC company, but their name cannot be disclosed due to privacy terms. This order represents a significant business win for the company in the renewable energy sector.

Key Highlights

  • Secured LOA worth ₹20.02 Crores for wind turbine transformers.
  • Order to be executed within 4-5 months.
  • Transformers are for a wind project in Bhuj, Gujarat.
  • Client is a leading private sector EPC company.
  • Order excludes applicable GST @ 18%.