Business Update16 Jun 2026, 02:20 pm
Marsons Ltd Secures ₹7.75 Cr Order for Power Transformers
AI Summary
Marsons Ltd has announced receiving a Letter of Award/Purchase Order worth INR 7.75 crores (approximately USD 8,20,000) from a US-based Solar Energy Developer. The order is for the supply of a 25 MVA Power Transformer to be installed in Hemet, California, USA. The execution of this international contract is expected within 14 months. This marks a significant business development for Marsons Ltd in the renewable energy sector, expanding its reach into the US market.
Key Highlights
- Received international purchase order worth ₹7.75 crores.
- Order is for supply of 25 MVA Power Transformer to US.
- Project to be executed within 14 months.
- Order signifies expansion into the US solar energy market.
Price Impact
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