Business Update2 Sept 2026, 01:46 pm
Accord Transformer Bags ₹9.69 Cr Order from Megha Engineering
AI Summary
Accord Transformer & Switchgear Ltd has secured two purchase orders from Megha Engineering & Infrastructures Limited, totaling approximately ₹9.69 Crore including GST. The orders are for the supply of 11kV/22kV Power Sub-Station (PSS) Transformers for EV Charging Station Development Projects. The deliveries are scheduled between October 2026 and March 2027. This order falls within the ordinary course of business for Accord Transformer.
Key Highlights
- Accord Transformer received orders worth ₹9.69 Crore from Megha Engineering.
- The order is for supplying transformers for EV charging station projects.
- Deliveries are scheduled for completion by March 2027.
- Payment terms include an irrevocable 60-day Usance Letter of Credit.
- The transaction is considered a domestic order.
Price Impact
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