Alfa Transformers Secures Order from Madhya Gujarat Vij Company Ltd for 11KV Transformer Supply
Alfa Transformers Limited has received a Letter of Award (LOA) from Madhya Gujarat Vij Company Ltd, securing a contract for the supply of different rating 11KV Transformers. The agreement pertains to domestic supply and carries a value of Rs. 7.14 Crores, including GST.The order specifies the supply of 3-Phase 100 KVA Distribution Transformers (DTR) Level-1 to various DISCOMs under the mandate of Madhya Gujarat Vij Company Ltd (MGVCL). The total quantity ordered for the item is 478 units.
As part of the contract terms, Alfa Transformers must complete the supply within seven months in equal monthly lots, commencing 45 days after receiving the Letter of Acceptance (LOA) from the respective DISCOM.
Contract Details and Financials
The acceptance letter provided comprehensive details regarding the agreed-upon unit cost and the division of quantities among different utility companies.Key financial and operational aspects of the contract include:
- Total Contract Value: Rs. 7.14 Crores (with GST).
- Item: 3-Phase 100 KVA DTR (Level-1) with Amorphous core material.
- Unit End Cost: The unit end cost for the 3-Phase 100 KVA DTR (Level-1) was finalized at Rs. 149,327.82 per unit, which includes a GST component of 18%.
The order breakdown across different DISCOMs is presented below:
| Item Name | Total Quantity (Nos.) | MGVCL Allocation | DGVCL Allocation | UGVCL Allocation | PGVCL Allocation |
|---|---|---|---|---|---|
| 3-Ph 100KVA DTR (Level-1) | 478 | 131 | 45 | 24 | 278 |
Commercial and Delivery Terms
The acceptance letter stipulated that the prices are subject to a price variation basis, with the base date set at November 1, 2025.Regarding commercial security, a Performance Guarantee equivalent to three percent (3%) of the contract value must be provided by Alfa Transformers for the satisfactory execution of the contract.
The delivery period is defined as completing the total allocated quantity within seven months in equal monthly lots, starting after the initial 45-day commencement period from receiving the respective DISCOM's LOA.
Stock Price Movement
Alfa Transformers Ltd. settled at ₹50.36 today, ticking up 1.10% after trading in the post-market session. Shares experienced a dynamic day range, testing a high of ₹52.30 before finding support near the low of ₹49.00.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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