Hyderabad, India | February 4, 2025 – Avantel Limited (BSE: 532406, NSE: AVANTEL) has announced the receipt of a purchase order worth ₹5.81 crore (excluding taxes) from the
Satish Dhawan Space Centre – SHAR, ISRO. The order, received via email on February 4, 2025, pertains to the
Comprehensive Annual Maintenance Contract (CAMC) of a Wind Profiler Radar.
Key Contract Details
| Particulars | Description |
|---|
| Entity Awarding the Contract | Satish Dhawan Space Centre – SHAR, ISRO |
| Nature of the Contract | Annual Maintenance Contract (AMC) |
| Scope | CAMC of Wind Profiler Radar |
| Contract Value | ₹5.81 crore (excluding taxes) |
| Execution Period | Up to January 2030 |
| Domestic/International | Domestic |
| Promoter/Group Interest | Not Applicable |
| Related Party Transaction | Not Applicable |
This contract reaffirms Avantel’s continued engagement with
India’s space sector, highlighting its expertise in radar and communication technology solutions.
Corporate Statement
The company emphasized that this contract aligns with its strategic focus on providing
cutting-edge communication and radar solutions for government and defense applications. The order strengthens Avantel’s existing relationship with
ISRO, reinforcing its credibility as a trusted partner in the Indian space ecosystem.
Market Implications
Avantel Limited has been actively expanding its footprint in high-tech domains, including
aerospace and defense communications. The long-term tenure of this contract (until January 2030) ensures a steady revenue stream, positively impacting the company's financial outlook.
