Deals19 May 2025, 12:03 pm
Marsons Ltd Receives LOI Worth Rs. 52,35,51,840/- from Madhyanchal Vidyut Vitran Nigam Limited
AI Summary
Marsons Ltd has announced that it has received a Letter of Intent (LOI) worth Rs. 52,35,51,840/- (incl GST) from Madhyanchal Vidyut Vitran Nigam Limited, a Uttar Pradesh Government Undertaking. The LOI is for the supply of 56 nos of 33/11 KV, 10 MVA Power Transformer. The order is expected to be executed within 6-8 months.
Key Highlights
- Marsons Ltd received a LOI worth Rs. 52,35,51,840/- from Madhyanchal Vidyut Vitran Nigam Limited.
- The LOI is for the supply of 56 nos of 33/11 KV, 10 MVA Power Transformer.
- The order is expected to be executed within 6-8 months.
- The order is from a domestic entity.
- The order is not a related party transaction.