Marine Electricals (India) Limited has announced that it has secured new orders worth Rs 208.72 crore, excluding taxes, strengthening its order book in the power distribution and shipbuilding segments.
The company has received an order from Adani Infra (India) Limited for the supply of a power distribution system. The execution and delivery of the project are scheduled to be completed over a period of 12 to 14 months.
In addition, Marine Electricals (India) Limited has also secured an order from Udupi Cochin Shipyard Limited for the supply of an Alarm Monitoring System. The delivery timeline for this order is set at 24 months.
The company stated that the orders do not fall under related party transactions and confirmed that none of the promoters or promoter group entities have any interest in the awarded contracts.
The announcement reflects the company’s continued growth in the electrical and marine solutions sector, supported by its expanding presence in infrastructure and shipbuilding projects.
