Marine Electricals (India) Limited, a prominent name in the electrical solutions industry, has secured significant contracts amounting to Rs 16.55 crore. These orders are exclusive of taxes and represent a notable development for the company, reflecting its continued growth and expertise in the sector.
Goa Shipyard Limited contract
The first order comes from Goa Shipyard Limited, a key player in the shipbuilding industry. Marine Electricals has been tasked with supplying a Data Distribution System. This project is set to unfold over a 24-month period, indicating a comprehensive engagement between the two companies. The contract underscores the trust and reliability that Marine Electricals commands in delivering complex electrical systems.
Arcelormittal Nippon Steel India partnership
In addition to the Goa Shipyard contract, Marine Electricals has also received an order from Arcelormittal Nippon Steel India Private Limited. This involves the supply of a Power Distribution System for the RMHS Project, with deliveries scheduled over a 9-month timeframe. This partnership highlights Marine Electricals’ capability to cater to the demanding needs of the steel manufacturing sector, further solidifying its position in the market.
