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Marine Electricals bags new order of Rs 9.82 crore from GRSE

08 Dec 2020 Evaluate

Marine Electricals (India) has received order intake of Rs 9.82 crore from Garden Reach Shipbuilders & Engineers (GRSE) for supply of main power distribution equipment for 8 in number Anti-Submarine Warfare Corvettes being built at GRSE.

With this order from GRSE, the total order book of the company stands at Rs 325 crore. Total order book includes orders of Rs. 233 crore from Marine Segment and Rs 92 crore from Industrial segment.

Marine Electricals is one of the leading players offering comprehensive electrical solutions to Marine Segment as well as other Industries.

Peers
Company Name CMP
Waaree Energies 2342.90
Apar Industries 17648.65
Havells India 1040.60
Suzlon Energy 38.96
Siemens 3790.00
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