Marsons bags ₹33.19 Cr transformer order from Vikran Engineering for NTPC project
MARSONS · price
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Marsons Limited has won an order worth ₹33.19 crore (including GST) to supply inverter duty transformers of 17.6 MVA, 8.8 MVA, and 4.4 MVA capacity to Vikran Engineering Limited. The transformers will be used for NTPC's Renewable Energy Project. The domestic order needs to be executed within 6 months. No promoter group or related party interest is involved in the awarding entity.
Positive for order book; revenue recognition expected over the next 6 months from a reputed PSU-linked renewable energy project.