S&SPOWERNSES&S Power Switchgears Limited· -HighPositive
Announced Wed, 30 Jul · 12:14 IST

S&S Power Switchgears Limited has informed the Exchange about Bagging/Receiving of orders/contracts

Govt Defence OrderBusiness Updates View source PDF

S&SPOWER · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

S&S Power Switchgears' wholly owned subsidiary, S&S Power Switchgear Equipment Limited (SSPSE), has received a Letter of Award from Hartek Power Private Limited for the supply of 420 KV, 245 KV, 72.5 KV and 36 KV isolators. The end customer is PowerGrid Corporation of India Limited, a government-owned Maharatna PSU under the Ministry of Power. The order is valued at more than ₹6 crores. Deliveries will start from the last quarter (Q4) of the current fiscal year (FY26). The order has been awarded by a domestic entity, and there is no related-party interest involved.

Likely market impact

This is a positive development — the order strengthens the order book and provides revenue visibility from Q4 FY26 onwards. Since it is a PSU-backed (PowerGrid) order through a domestic EPC partner, it signals steady institutional demand for the company's switchgear products, though the order size is relatively modest and the delivery timeline is back-ended.