MIC Electronics has received letter of award for supply 20,000 standalone offgrid solar LED street lights at a contract price of Rs 32.85 crore. This is an initial release against the total quantity of 80,000 expected from EESL in due course. The balance contract value expected is to the tune of Rs 98.56 crore.
The company had on October 27, 2016, informed that it had received Letter of Intent from EESL for design, manufacture, supply, erection, testing and commissioning of standalone offgrid solar LED street lights.
MIC Electronics is a global leader in the design, development & manufacturing of LED Video Displays and Lighting Products.
| Company Name | CMP |
|---|---|
| Havells India | 1255.50 |
| Siemens | 3823.90 |
| Apar Inds | 12808.00 |
| ABB India | 7009.05 |
| Waaree Energies | 3229.35 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: