We are pleased to announce that our company has received a Letter of Award/ Purchase order from US- based Solar Energy Developer for supply of 200 MVA 115 kV Power Transformer.
MARSONS · price
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Marsons Limited has received a purchase order worth INR 29.85 crore (USD 3.1 million) from a US-based Solar Energy Developer. The order is for supplying a 200 MVA 115 kV Power Transformer to be installed at a Solar Power Project in Cherokee County, Alabama, USA. This is an international export order with an execution timeline of more than 12 months. The order was disclosed under SEBI Listing Regulations 30 and comes from an unrelated party with no promoter or group company interest involved.
This export order brings significant hard currency (USD) revenue and demonstrates Marsons' ability to secure international contracts in the renewable energy sector. The order provides revenue visibility over the next 12+ months, which is positive for the company's order book and cash flows.