Marsons wins Rs 33 crore transformer order for NTPC RE project
Marsons Limited has received an order worth Rs 33.19 crore, including GST, from Vikran Engineering Limited for the supply of inverter duty transformers for an NTPC Renewable Energy project, according to a regulatory filing.
The order includes 17.6 MVA, 8.8 MVA, and 4.4 MVA oil-cooled (ONAN), on-circuit tap changer (OCTC), outdoor-type, aluminium-wound inverter duty transformers.
The contract is domestic in nature and is scheduled to be executed within six months. The company stated that the transaction does not qualify as a related party transaction and that neither the promoter, promoter group, nor group companies have any interest in the awarding entity.
This is the third order secured by Marsons this month.
Recently, the company received a work order from West Bengal State Electricity Transmission Company Limited (WBSETCL) for the repair, inspection, testing, and transportation of 50 MVA, 132/33 kV power transformers.
Last week, Marsons also received a Letter of Intent (LoI) valued at around Rs 31.27 crore, inclusive of GST, from Assam Electricity Grid Corporation Limited (AEGCL) for the supply of 132/33 kV, 50 MVA power transformers and related services for substations at Durlavcherra, Karimganj, and Srikona under Package T-3.
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