Marsons enters renewable energy sector, wins LoI for 150 MW solar project in Rajasthan
Marsons Ltd has announced its entry into the renewable energy sector. The company will focus on manufacturing specialised equipment and undertaking EPC contracts for solar power plants. The company plans to supply inverter-duty transformers and generation step-up (GSU) transformers for solar and wind power plants, and it will invest Rs 25 million to expand its transformer range over the next three months. In addition, Marsons received a letter of intent (LoI) from NACOF OORJA to…