MoneyWorks4Me

Marsons gets LoI worth Rs 675 crore from NACOF OORJA

27 Sep 2024 Evaluate

Marsons has received a Letter of Intent (LoI) from NACOF OORJA to develop a 150 MW(AC) Grid-Interactive Ground-Mounted Solar PV Power Generation Plant. This project, which includes multiple units across different locations in Rajasthan, is being executed for RRECL under the KUSUM Scheme, aimed at providing daytime power to agricultural consumers. This project it will be executing in technical collaboration with a third party ‘Aditya Clean Systems (P)’ where the third party will provide technical support to Marsons. 

The total order value of the project is estimated at around Rs 675 crore (inclusive of taxes and duties) and the execution timeline is set for 12 to 18 months.

Marsons is an India-based company engaged in manufacturing of transformers. The Company operates in two divisions: transformer division and project division.


Peers
Company Name CMP
Waaree Energies 2342.00
Apar Industries 18105.85
Havells India 1052.00
Suzlon Energy 38.94
Siemens 3707.40
View more..