Major Order Win
Atlanta Electricals Secures ₹285.15 Crore PSTCL Transformer Order
NSE
ATLANTAELE
BSE
544527
Atlanta Electricals Limited has received a Letter of Award (LoA) from Punjab State Transmission Corporation Limited (PSTCL) for the procurement of 23 units of 160 MVA, 220/66 kV power transformers, along with NIFPES and optional spares. The aggregate order value stands at ₹285.15 crore including applicable taxes, marking a significant order win in the transmission infrastructure segment.
PRICE-SENSITIVE TRIGGER
Event: Receipt of Letter of Award (LoA) from Punjab State Transmission Corporation Limited (PSTCL).
Type: Major Order Win
Impact: Positive
Immediate Effect: The order substantially strengthens Atlanta Electricals’ order book and enhances revenue visibility in the power transmission equipment segment.
Key Metrics:
- Total Order Value (Including GST): ₹285.15 crore
- Power Transformers with NIFPES: ₹284.51 crore
- Optional Spares: ₹63.67 lakh
- Quantity: 23 Nos.
- Transformer Rating: 160 MVA, 220/66 kV
Highlight:
- The ₹285.15 crore order represents one of the company’s significant utility-sector transformer contracts and reinforces its presence in the state transmission market.
What Happened ?
Atlanta Electricals Limited informed stock exchanges that it has received a Letter of Award from Punjab State Transmission Corporation Limited for the supply of 23 units of 160 MVA, 220/66 kV power transformers along with NIFPES and optional spares.
The company stated that the detailed purchase order will follow as per the tender terms and conditions.
Atlanta Electricals highlighted its long-standing relationship with PSTCL, noting that since 2018 it has supplied approximately 200 transformers with an aggregate installed capacity of nearly 5,000 MVA across Punjab.
Key Details
Punjab State Transmission Corporation Limited (PSTCL):
- Nature of Contract
- Supply of 23 Nos. 160 MVA, 220/66 kV Power Transformers
- NIFPES package
- Optional spares
- Transmission infrastructure equipment procurement
- Geography
- India (Domestic Order)
- Contract Value
- Power Transformers along with NIFPES: ₹284,51,12,572
- Optional Spares: ₹63,66,681
- Total Order Value (Including GST): ₹285,14,79,253
Note:
- The order involves manufacturing, supply and delivery of high-capacity power transformers for Punjab’s transmission network. The transformers are intended to support grid reliability, power evacuation and transmission infrastructure expansion across the state.
Risk Analysis
Summary:
- While the order provides strong business visibility, execution remains dependent on manufacturing schedules, supply-chain availability, customer inspections and project delivery milestones.
Key Risks:
- Raw material cost fluctuations may influence margins.
- Delays in manufacturing or logistics could affect execution timelines.
- Utility projects often require strict compliance and inspection procedures.
- Revenue recognition depends on delivery and contractual milestones.
Risk Level: Low to Medium
Company Commentary
- Atlanta Electricals received a Letter of Award from PSTCL.
- The order covers 23 units of 160 MVA, 220/66 kV power transformers.
- NIFPES and optional spares are included in the contract scope.
- Aggregate order value is approximately ₹285.15 crore including taxes.
- The company has supplied around 200 transformers to PSTCL since 2018.
- Punjab remains a strategically important market for the company.
Official Exchange Filing: Atlanta Electricals Limited