Avantel Limited Receives Supply Order Worth Rs. 137.12 Crores from India Meteorological Department
Avantel Limited announced on March 28, 2026, that it has received a supply order from the India Meteorological Department (IMD), a part of the Ministry of Earth Sciences, Government of India. The order, received via email on March 27, 2026, is for the supply, warranty, and Comprehensive Annual Maintenance Contract (COAMC) of seven Wind Profiler Systems.The total value of the order is Rs. 137.12 Crores, excluding taxes. The order is expected to be executed by September 2027. Key terms include a Performance Bank Guarantee of 5%, a three-year warranty, and a seven-year COAMC.
Below is a summary of the order details:
| Sl. No. | Particulars | Description |
|---|---|---|
| 1 | Name of the entity awarding the order(s) / contract(s) | India Meteorological Department (IMD) |
| 2 | Significant terms and conditions of order(s)/contract(s) awarded in brief | Performance Bank Guarantee: 5%, three (3) years warranty and seven (7) years of COAMC. |
| 3 | Whether order(s)/contract(s) have been awarded by domestic / international entity | Domestic |
| 4 | Nature of order(s)/contract(s) | Manufacturing, Warranty & COAMC |
| 6 | Time period by which the order(s)/contract(s) is to be executed | September 2027 |
| 7 | Broad consideration or size of the order(s)/contract(s) | Rs.137.12 Crores (Excl. Taxes &Duties) |
| 8 | Whether the promoter/ promoter group / group companies have any interest in the entity that awarded the order(s)/contract(s)? | Not Applicable |
| 9 | Whether the order(s)/contract(s) would fall within related party transactions? | Not Applicable |
The information is also available on the company’s website at www.avantel.in. The announcement was made by D Rajasekhara Reddy, Company Secretary & Compliance Officer of Avantel Limited.
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