Transformer stock engaged in manufacturing, supplying, erecting, testing, and commissioning power and distribution transformers jumped upto 4 percent in the day’s trade upon receiving a new work order worth Rs. 42.71 Crores for MSEDCL projects.
Price Action
With a market capitalization of Rs. 2,856 Crores, the shares of Marsons Limited were trading at Rs. 166 per equity share, down 0.33 percent from its previous day’s close price of Rs. 166.55.
What Happened
Marsons Limited has received a new letter of award from Jakson Limited for the supply of 10 MVA 33 /11 kY power transformers for the MSEDCL RDSS scheme maharashtra for a consideration of Rs. 42.71 Crores and it is to be executed by 9-12 months.
The Revamped Distribution Sector Scheme (RDSS) is a scheme by the Government of India to improve the reliability and quality of power supply in Maharashtra.
About the Company
Marsons Limited is engaged in manufacturing, supplying, erecting, testing, and commissioning power and distribution transformers, ranging from 10 KVA to 160 MVA 220 kV class.
Its products and services include distribution transformers, power transformers, furnace transformers, unitized transportable substation (USS) transformers, dry-type transformers, cast resin transformers, solar transformers, and instrumental transformers.
Infrastructure
Its manufacturing plant is situated in Kolkata spread over an area of 35,000 sq.m. with state-of-the-art infrastructure, fully equipped to manufacture Power Transformers upto 160 MVA 220 kV class. It has a fully equipped laboratory that can efficiently carry out all required routine tests, for various ratings of Power Transformers upto the range of 160 MVA 220 kV class.
Customer Base
Marsons Limited has a strong customer base with well-known players like ABB, CESC, TATA, BHEL, Larsen & Toubro, Sterling & Wilson, Siemens, NTPC, Reliance Power, and many others.
Written by: Bharath K.S
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