Government Order / Technology Supply
Avantel Secures ₹137 Cr Order from IMD for Wind Profiler Systems
NSE
AVANTEL
BSE
532406
Avantel has received a ₹137.12 Cr supply order from the India Meteorological Department (IMD) for Wind Profiler Systems, including long-term service commitments.
PRICE-SENSITIVE TRIGGER
Event: Supply Order from IMD
Type: Government Order / Technology Supply
Impact: Positive
Immediate Effect: Strengthens order book visibility and government client base.
Execution Timeline
September 2027
Nature
Manufacturing + Warranty + COAMC
Order Value
₹137.12 Cr
Client
Indian Meteorological Department (IMD)
What Happened ?
Avantel received a supply order from the India Meteorological Department (IMD) for:
- Supply of 7 Wind Profiler Systems
- Includes:
- Manufacturing
- Warranty (3 years)
- COAMC (7 years)
Order adds both product revenue + recurring service income.
Detailed breakdwon
Customer
- India Meteorological Department (IMD)
Scope of Work
- Manufacturing & Supply
- Installation Support
- Warranty + long-term maintenance
Contract Structure
- Performance Bank Guarantee: 5%
- Warranty: 3 years
- COAMC: 7 years
Nature
- Domestic government order
Additional Notes
- No promoter interest
- Not a related party transaction
Management commentary
- Order received and confirmed
- Execution planned within timeline
- Strengthens presence in government tech segment
Risk Analysis
Key Risks
- Execution delays
- Dependence on government payments
- Technology performance expectations
Worst Case Scenario
Delays impacting revenue recognition
Risk Level: Medium
Reason:
- Government order → strong credibility but execution dependency exists
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