Avantel Bags ₹137.12 Crore Supply Order from India Meteorological Department
Avantel Limited received a supply order worth ₹137.12 Crores from the India Meteorological Department for seven Wind Profiler Systems. The order includes supply, warranty, and COAMC, with execution expected by September 2027. The contract has a 5% performance bank guarantee and a 7-year COAMC period.
The order value of ₹137.12 Crores is significant and will contribute to the company's revenue, but it is not a transformative amount relative to the company's overall size.
The company has secured a substantial new order, which is positive for its business growth and revenue prospects.
Avantel Limited has announced the receipt of a significant supply order from the India Meteorological Department (IMD), Ministry of Earth Sciences, Government of India. The order, received via email on March 27, 2026, is for the supply, warranty, and comprehensive annual maintenance contract (COAMC) of seven Wind Profiler Systems.
The total value of this domestic order is ₹137.12 Crores, excluding taxes and duties. The terms of the contract include a performance bank guarantee of 5%, a three-year warranty, and a seven-year COAMC. The execution of this order is scheduled to be completed by September 2027.
This award signifies Avantel's capability in manufacturing and providing advanced meteorological systems, contributing to the government's weather monitoring infrastructure. The company has made this information available on its website as per SEBI regulations.
What to do with a filing like this
Avantel Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Avantel Limited. Read the original for the full detail.