Astra Microwave Secures Rs.171 Crore Order from Indian Meteorological Dept
Filing Summary
Astra Microwave Products Ltd has announced the receipt of an order from the Indian Meteorological Department for the procurement of six Klystron-based S-band Polarimetric Doppler Weather Radars. The contract, valued at Rs.171 crore, includes associated systems and a comprehensive warranty and maintenance package. The order is to be executed within 18 months and does not involve any related party transactions. This development is part of Astra Microwave’s ongoing engagement with domestic government entities, enhancing its portfolio in advanced radar technologies.
Astra Microwave Products Ltd has received an order from the Indian Meteorological Department for the procurement of six Klystron-based S-band Polarimetric Doppler Weather Radars. The order includes associated systems such as AWS and Disdrometers. The contract stipulates a three-year warranty followed by a seven-year Comprehensive Annual Maintenance Contract (CAMC). The total consideration for this order is Rs.171 crore, inclusive of all applicable taxes and GST.
The financial terms of the order specify a total value of Rs.171 crore. This amount covers the procurement of the radars and associated systems, as well as the warranty and maintenance services. The order is inclusive of all applicable taxes and GST, ensuring a comprehensive financial package for the services and products provided by Astra Microwave.
The scope of the order involves the delivery of six Klystron-based S-band Polarimetric Doppler Weather Radars. These radars are equipped with advanced systems, including AWS and Disdrometers, which are integral for meteorological data collection and analysis. The contract includes a three-year warranty period, ensuring product reliability and performance. Following the warranty, a seven-year CAMC will be in place to maintain the operational efficiency of the systems.
The order has been awarded by a domestic entity, specifically the Government of India, through the Indian Meteorological Department. This engagement highlights Astra Microwave’s role in providing advanced radar technologies to government bodies. The contract does not involve any related party transactions, and there is no interest from the promoter or promoter group in the entity awarding the contract.
The timeline for the execution of this order is set at 18 months. Astra Microwave is responsible for delivering the radars and associated systems within this period. The company will also manage the warranty and maintenance services as per the contract terms. This timeline aligns with the company’s operational capabilities and commitment to fulfilling government contracts efficiently.
The Indian Meteorological Department is a government entity responsible for weather forecasting and meteorological observations. It plays a crucial role in providing accurate weather data and forecasts, which are essential for various sectors, including agriculture, aviation, and disaster management.
Astra Microwave Products Ltd specializes in the design and manufacture of high-quality microwave components and systems. The company focuses on serving the defense, space, and telecommunications sectors. Astra Microwave is committed to advancing its technological capabilities and expanding its presence in both domestic and international markets through strategic engagements and contracts.