Aartech Solonics Limited (ASL) recorded a solid performance in the third quarter, supported by major domestic order wins and continued progress in international markets. The company’s ability to win large projects and enter new utility segments reflects its technical strength in power system protection, even following the recent fire incident at its Mandideep facility.
During the quarter, Aartech Solonics Limited (ASL) expanded its footprint across key Indian state utilities and public sector organizations, reinforcing its position in power system protection and automation. The company secured multiple orders across voltage levels and applications, reflecting growing acceptance of its solutions among large utility customers.
ASL received an order from Indian Oil Corporation Limited (IOCL), Paradip, for High-Speed Bus Transfer (HSBT) systems. The customized solution, designed for 6.6 kV switchboards, supports uninterrupted power supply in petrochemical operations where reliability and safety are critical.
In the high-voltage segment, ASL secured a major order from Punjab State Power Corporation Limited (PSPCL) for 66 kV line and transformer panels. This order marks an important milestone for the company’s presence in utility-scale substation projects.
The company also entered the advanced substation automation segment with its first order for 132 kV SAS-based panels from Chhattisgarh State Power Transmission Company Limited (CSPTCL). Additionally, ASL achieved a breakthrough with Himachal Pradesh State Electricity Board Limited (HPSEBL) by securing its first Control and Relay Panel (CRP) order.
Further strengthening its domestic portfolio, ASL received its first regular order for 132 kV panels from Madhya Pradesh Power Transmission Company Limited (MPPTCL). The company also successfully supplied 33 kV SAS panels along with complex junction box systems, demonstrating its execution capability for integrated solutions.
On the international front, ASL recorded meaningful progress with new orders and industry recognition. The company secured a key order from JSIS (Jindal Shaheed Iron & Steel), Oman, delivered a Critical Limiting Protection (CLIP) system to Qatar, completed its first export of Control and Relay Panels to Africa, and saw its Bestcase Enclosures division ranked among the world’s top 25 plastic enclosure manufacturers.
Commenting on the performance, Vivek Attri, Chief Marketing Officer, said, “Our results reflect the commitment and technical capability of the Aartech team. Executing large projects and securing orders from organizations such as IOCL and PSPCL soon after the Mandideep incident demonstrates our operational strength. Our progress in Oman, Qatar, and the global recognition received by Bestcase Enclosures underline our transition from a domestic supplier to an emerging international player in power automation.”
