Marsons has received a Letter of Intent (LoI) worth Rs 52.35 crore (incl. GST) from Madhyanchal Vidyut Vitran Nigam, (Uttar Pradesh Government Undertaking) for supply of 56 nos of 33/11 KV, 10 MV A Power Transformer. The order is to be executed within 6-8 months.
Marsons is an India-based company engaged in manufacturing of transformers. The Company operates in two divisions: transformer division and project division.