Accord Transformer & Gujarat Inject Kerala Win Major Orders
Power transformer on truck in an industrial yard with solar panels on a building roof
Key Highlights
Accord Transformer secures Rs 1.03 Cr order from Jabalpur Municipal Corp. Gujarat Inject Kerala bags Rs 14.49 Cr solar panel deal from DEON ENERGY.
Accord Transformer & Gujarat Inject Kerala Secure Key Orders
Accord Transformer & Switchgear and Gujarat Inject Kerala have both announced significant new purchase orders, signaling positive business momentum for the companies.
Accord Transformer secured a domestic order valued at Rs 1.03 crore, while Gujarat Inject Kerala clinched a larger deal worth approximately Rs 14.49 crore.
Accord Transformer’s Municipal Deal
Accord Transformer & Switchgear’s order is for the supply of various transformers to a key government client.
- The order specifies 4000 KVA, 33kV/3.3KV STAR, and 200 KVA 3.3KV/0.415KV Transformers.
- The end client is the Jabalpur Municipal Corporation, located in Madhya Pradesh, India.
- This order is tentatively scheduled for completion within three months.
The company is known for manufacturing a wide range of transformers and other electrical and customized power products, supported by multiple service centers.
Gujarat Inject Kerala’s Solar Surge
Gujarat Inject Kerala’s substantial order from DEON ENERGY focuses on renewable energy components.
- The contract is for the supply of 16,129 units of 620WP Solar Panels.
- This order, exclusive of GST, is to be executed by June 2026.
Following the announcement, Gujarat Inject Kerala’s shares saw a significant jump, locking its upper circuit at Rs 120.40 on the . This represents a 4.97% increase from its previous closing price of Rs 114.70. The company’s current market capitalization stands at Rs 176.37 crore.