Marsons Limited has informed the Exchange regarding a press release dated May 15, 2026, titled "Marsons Limited receives Power Grid Corporation of India vendor approval for supply of Power Transformers".
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Marsons Limited has received vendor approval from Power Grid Corporation of India Limited (PGCIL) — India's apex power transmission body and single largest procurcer of high-voltage power equipment — for supply of power transformers. With this approval, Marsons becomes the only PGCIL-approved Extra High Voltage (EHV) transformer manufacturer across Eastern India and 10 neighbouring states (West Bengal, Odisha, Jharkhand, Bihar, Assam, and north-eastern states). This is a vendor qualification rather than a confirmed purchase order. The company has over 65 years of heritage, a 45,000 sq.m. facility with 12,000 MVA annual capacity, exports to UK, Europe, Africa, Middle East, and Bangladesh, and holds NABL-accredited lab facilities and multiple ISO/BIS/CE certifications. The approval enhances Marsons' competitive standing with state utilities and transmission corporations nationwide, positioning it as a primary beneficiary of PGCIL's ambitious transmission expansion in the eastern and north-eastern corridors.
This approval is a significant credential milestone, opening access to PGCIL's large procurement pipeline and state utility orders across a vast region. While it is not yet a confirmed order, the sole-approved status in Eastern India could translate into meaningful revenue if PGCIL placement orders materialise.