Mangal Electrical Industries Ltd Receives Extended Accreditation for 765 kV Transformers from Power Grid Corporation
Mangal Electrical Industries Ltd has successfully received the renewal accreditation of Manufacturer Approval Validity Extension from the Power Grid Corporation of India Limited (PGCIL). This crucial approval covers the specialized process of Prime CRGO Coils Slitting and Laminations Cutting for Transformers and Reactors up to the 765 kV class, essential for major POWERGRID projects.The accreditation renewal was confirmed vide PGCIL letter reference number CC/QA&I/2026/Letter/172, dated April 16, 2026. The extension significantly bolsters the company's standing in the large power transformer segment.
The renewed approval extends the company's validity through April 22, 2029. This accreditation reaffirms the strong position of Mangal Electrical Industries Ltd in supplying core components for high-voltage power infrastructure projects managed by PGCIL.
Key Accreditation Details
The renewal of the Manufacturer Approval is central to the company's operations in the power sector. The details surrounding this accreditation are provided below:| Detail | Description |
|---|---|
| Issuing Authority | Power Grid Corporation of India Limited (PGCIL) |
| Approval Covered | Prime CRGO Coils Slitting and Laminations Cutting for Transformers & Reactors upto 765 kV class for POWERGRID projects |
| Renewal Effective Date | April 16, 2026 |
| New Validity Period | Until April 22, 2029 |
| Impact on Company | Reaffirms strong position in the large power transformer segment |
The approval specifies that the items supplied must meet the requirements of relevant IEC/IS standards and project-specific type tests. The renewal criteria also notes that any further approval considerations will be based on the manufacturer's performance, quality, and supply record during this extended approval period.
MEIL Stock Price Movement
Today, Mangal Electrical Industries Limited shares rallied, settling at ₹302.85 after gaining 4.53% for the session. The robust upward movement was supported by a total traded volume of 378,361 shares, indicating strong investor buying today.Source:
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