Intimation on receipt of order from Rajasthan Rajya Vidyut Prasaran Nigam Limited aggregating to Rs. 190 crore.
ATLANTAELE · price
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Atlanta Electricals Ltd has received a major order worth Rs. 190 crore from Rajasthan Rajya Vidyut Prasaran Nigam Limited (RVPN), a state government power utility. The order comprises 53 units of 50 MVA 132/33 KV Power Transformers along with 53 Nitrogen Injection Fire Prevention and Extinguishing Systems (NIFPES). This is a domestic government order and represents a significant new contract for the company. The company has disclosed this under SEBI Listing Regulations, confirming it comes from a government buyer in the power transmission sector.
This Rs. 190 crore order is a positive development indicating strong order flow from government utilities, though the exact impact on financials depends on the company's total revenue. Shareholders should monitor execution timelines and margins.