StockWatch
·
Other Electrical Equipment
Business Update3 Jun 2026, 01:46 pm

Marsons Ltd Secures ₹31.27 Cr Order from Assam Electricity Grid Corp

AI Summary

Marsons Ltd has announced receiving a Letter of Intent (LoI) worth ₹31,26,70,500.00 (including GST) from Assam Electricity Grid Corporation Limited. The order is for the supply of 132/33kV, 50MVA Power Transformers and related services for substations in Durlavcherra, Karimganj, and Srikona. The execution period for this contract is 12 months. This significant order is expected to bolster Marsons' revenue and market position in the power transformer sector.

Key Highlights

  • Received LoI worth ₹31.27 Cr from Assam Electricity Grid Corporation Limited.
  • Order includes supply of 132/33kV, 50MVA Power Transformers.
  • Execution timeline for the contract is 12 months.
  • The order is for substations in Durlavcherra, Karimganj, and Srikona.