MoneyWorks4Me

Marsons enters into pre-bid tie up with Siemens for tenders worth nearly Rs 132 crore

14 Jan 2016 Evaluate

Marsons has entered into a pre-bid tie up with Siemens for tenders worth nearly Rs 132 crore and is hopefull that this will translate into at least Rs 79.2 crore worth of orders. The company has also received orders worth Rs 1.98 crore (approximately) from Sterling Wilson and L&T.

Marsons is one of the oldest and most reputed manufacturers of transformers in India with an infrastructure to supply transformers up to 160 MVA/220 kV class. Having supplied over 200,000 power transformers over the last six decades, Marsons is the largest transformer manufacturer in Eastern and North Eastern India.

Peers
Company Name CMP
Waaree Energies 2627.50
Apar Industries 17496.15
Havells India 1114.80
Suzlon Energy 44.16
Siemens 3960.90
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