Atlanta Electricals Limited Secures Order from PSTCL for Supply of Power Transformers
Atlanta Electricals Limited has secured a Letter of Award (LOA) from Punjab State Transmission Corporation Limited (PSTCL). The order involves the supply of 23 units of 160 MVA, 220/66 kV Power Transformers along with NIFPES and Optional Spares.The total aggregate value of the order is reported at 285,14,79,253, inclusive of applicable taxes. This contract further strengthens Atlanta Electricals Limited’s presence in Punjab, which remains a strategically important market for the company.
The details of the material order value are provided below:
| Particulars | Value (INR) |
|---|---|
| Power Transformers along with NIFPES | 2,84,51,12,572 |
| Optional Spares | 63,66,681 |
| Total Order Value (Including GST) | 2,85,14,79,253 |
The order requires the supply of 23 such Power Transformers. The detailed purchase order will follow based on the terms and conditions set forth in the tender.
Atlanta Electricals Limited commenced its association with PSTCL in 2018. Since that time, the company has supplied approximately 200 transformers to the state, achieving an aggregate installed capacity of around 5,000 MVA across Punjab.
ATLANTAELE Stock Price Movement
Atlanta Electricals Limited gained significantly on Wednesday, with its stock settling at ₹2050.1 after surging by 5.00%. This impressive climb saw the equity reach its 52-week high, with traders purchasing 116,065 shares in that session.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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