Alfa Transformers bags 12,000-unit transformer order from MGVCL
Alfa Transformers Limited has received a letter of award from Madhya Gujarat Vij Company Limited (MGVCL) for the supply of 12,000 distribution transformers valued at approximately Rs 63 crore.
The order has been awarded under the CPP tender for fiscal year 2026-27. It covers the supply of 11 KV / 0.433 KV three-phase 10 KVA aluminium-wound distribution transformers with Cold Rolled Grain Oriented (CRGO) or amorphous core material.
According to the company, execution of the order is scheduled within the current financial year. The contract falls under the domestic business category.
Alfa Transformers stated that no promoter, promoter group, or group company has any interest in MGVCL. The company also clarified that the transaction does not qualify as a related party transaction.
The company said individual letters of award will be issued by the respective distribution companies (DISCOMs). Alfa Transformers will also be required to furnish a performance guarantee equivalent to 3% of the contract value and execute a formal agreement within 20 days from the date of the letter of acceptance.
The company added that failure to submit the performance guarantee within 15 days could lead to cancellation of the order.
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