Business Update10 Jun 2026, 05:21 pm
Alfa Transformers Secures ₹7.14 Cr Order from MGVCL
AI Summary
Alfa Transformers Limited has received a Letter of Award (LOA) from Madhya Gujarat Vij Company Ltd (MGVCL) for the supply of 478 units of 11KV transformers. The total order value is ₹7.14 Crores, including GST. The transformers are of different ratings, with a specific mention of 100 KVA DTR (Level-1) at a unit price of ₹1,49,327.82. The order is domestic and is to be executed within seven months in equal monthly lots after a 45-day commencement period from the receipt of the LOA. Alfa Transformers is required to provide a performance guarantee of 3% of the contract value.
Key Highlights
- Received LOA from MGVCL for 478 units of 11KV transformers.
- Total order value stands at ₹7.14 Crores including GST.
- Supply to be completed within seven months.
- Unit price for 100 KVA DTR is ₹1,49,327.82.
- Performance guarantee of 3% of contract value required.
Price Impact
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