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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
Havells India 1255.50
Siemens 3823.90
Apar Inds 12808.00
ABB India 7009.05
Waaree Energies 3229.35
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