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Marine Electricals bags four orders worth Rs 27.97 crore

21 Dec 2023 Evaluate

Marine Electricals (India) has received four orders amounting to total Rs 27.97 crore (excluding GST). The company has received first order from Hooghly Cochin Shipyard, Howrah, West Bengal for procurement of Electrical Package for IWAI Hybrid Vessel. The delivery shall be over a period of 10 months. The second order is from Garden Reach Shipbuilders & Engineers, Kolkata, for supply of B&D Spares for IBS Project SVL to CPRO, Visakhapatnam. The delivery shall be over a period of 6 Months. 

The third order is from Garden Reach Shipbuilders & Engineers, Kolkata, for supply of B&D Spares for IBS Project SVL to CPRO, Kerala. The delivery shall be over a period of 6 Months. Also, the company has secured fourth order from Deepak Chem Tech, Bharuch, for supply of LT Panels. The delivery shall be over a period of 5 Months.

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 1174.45
Siemens 3686.35
Apar Industries 16648.35
ABB India 7153.60
Waaree Energies 3033.65
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