Marine Electricals bags orders for Micron Semiconductor Plant and FMU Visakhapatnam worth₹104.25 crore

By Aditya Bhagchandani Published on February 16, 2024, 14:46 IST

In a significant development, Marine Electricals (India) Ltd has secured orders worth ₹104.25 crores for the much-anticipated Micron Semiconductor plant and Fleet Maintenance Unit (FMU) in Visakhapatnam.

The company’s success in obtaining Micron as a customer adds a considerable boost to its reputation, underscoring the quality of its products.

Here are the details of the orders:

– An order from TATA Projects Ltd for LT Panel for Micron Technology, Sanand, with delivery scheduled over a period of 6 months.

– An order from the Fleet Maintenance Unit, Visakhapatnam, for AIAMC, with delivery spread out over 24 months.

This achievement marks a significant milestone for Marine Electricals, showcasing its capability to meet the demands of prestigious projects in the semiconductor industry and fleet maintenance sector.

Aditya Bhagchandani

Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.