Valiant Communications Wins ₹812 Lakh APTRANSCO Contract for Communication Solutions

Sandip Raj Gupta

    23/Dec/2024

What's Covered in the Article

  1. Valiant Communications wins ₹812 lakh contract from APTRANSCO for communication solutions.
  2. The project involves supply and commissioning to be completed by July 31, 2025.
  3. Disclosure made under SEBI Listing Regulations to ensure transparency and compliance.

Valiant Communications Limited, an ISO 9001:2015 and ISO 14001:2015 certified company, has secured a ₹812 lakh contract from the Transmission Corporation of Andhra Pradesh (APTRANSCO). This contract entails the supply and commissioning of communication and protection solutions, supporting APTRANSCO’s mission to enhance the state’s power transmission infrastructure.

The disclosure was made in accordance with Regulation 30 of SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015, ensuring compliance and transparency in corporate governance.

Key Contract Details

  1. Entity Awarding the Contract:
    The order has been awarded by APTRANSCO, a key player in Andhra Pradesh’s power transmission sector.

  2. Nature of the Contract:

    • The project involves supply and commissioning of advanced communication and protection solutions for APTRANSCO's operations.
    • This includes integrating cutting-edge technology to ensure efficient and secure transmission of power across the state.
  3. Value of the Contract:
    The deal is valued at ₹812 lakh, highlighting its significance for Valiant Communications in bolstering its portfolio in the domestic market.

  4. Execution Timeline:
    The project is expected to be completed by July 31, 2025, reflecting a focused timeline for delivery and commissioning.

  5. Promoter/Related Party Involvement:

    • The promoters and group companies of Valiant Communications have no interest in APTRANSCO, ensuring that this is not a related party transaction.
    • The deal has been confirmed to have no influence from related entities, demonstrating adherence to arm’s length principles.

Strategic Importance of the Project

  1. Strengthening Domestic Presence:
    By securing this domestic order, Valiant Communications reinforces its position in India’s power transmission and communication solutions sector, catering to state-level needs.

  2. Support for APTRANSCO’s Goals:

    • APTRANSCO plays a pivotal role in maintaining and improving Andhra Pradesh’s power transmission network.
    • The communication and protection systems provided by Valiant Communications are expected to enhance operational reliability and efficiency.
  3. Commitment to Quality and Timeliness:
    Valiant’s ISO certifications demonstrate its commitment to maintaining world-class quality standards in project execution. Completing the contract by July 2025 will further bolster the company’s reputation for timely delivery.

Compliance with SEBI Regulations

The company’s disclosure aligns with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123, ensuring transparency in dealings and communication with stakeholders.

This compliance demonstrates Valiant Communications’ adherence to corporate governance standards, enhancing investor confidence and fostering trust.

About Valiant Communications

Valiant Communications Limited is a recognized leader in providing communication solutions for power utilities, telecom providers, and other critical sectors. Its capabilities include designing, developing, and delivering innovative solutions tailored to meet client-specific requirements.

Key highlights of Valiant Communications:

  • Over two decades of expertise in communication and protection systems.
  • Focused on delivering high-quality, sustainable, and efficient solutions.
  • Active presence in domestic and international markets.

Broader Implications

  1. Boost to India’s Transmission Sector:
    This contract aligns with India’s larger goal of modernizing its power infrastructure, ensuring seamless communication across the transmission grid.

  2. Growth Prospects for Valiant Communications:
    Securing this contract is expected to drive growth for Valiant, contributing to revenue and market share expansion in the communication solutions segment.

  3. Transparency and Investor Confidence:
    By adhering to SEBI disclosure norms, Valiant Communications sets an example of ethical corporate practices, strengthening stakeholder trust.

Conclusion

Valiant Communications’ ₹812 lakh contract with APTRANSCO represents a significant milestone in the company’s growth journey. With a focus on timely execution and cutting-edge technology, this project is expected to further solidify Valiant’s position in India’s power transmission sector.

This achievement underscores the company’s commitment to excellence, compliance, and contributing to India’s infrastructure development goals.


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