Synopsis: Marine Electricals (India) Limited has secured fresh orders worth approximately Rs. 75.19 crore for the supply of power distribution systems to STT Global Data Centres India Private Limited and Princeton Digital Group (India) Management Private Limited. The orders strengthen the company’s presence in India’s rapidly expanding data centre infrastructure segment.
Shares of Marine Electricals (India) Limited are likely to remain in focus after the company announced that it has secured orders worth approximately Rs. 75.19 crore (excluding taxes) for supplying power distribution systems to two leading data centre operators.
Marine Electricals (India) Limited has a total market capitalization of approximately Rs. 3,883.46 crore. The company’s shares were trading at Rs. 277 apiece on the stock exchange, up by 2.61 percent during the session. The stock has gained 5.36 percent over the last five trading sessions, while it has gained 16.36 percent over the last month. The stock touched a 52-week high of Rs. 282 and a 52-week low of Rs. 151.
According to the company’s exchange filing, one of the orders has been received from STT Global Data Centres India Private Limited for the supply of a Power Distribution System, while the second order has been awarded by Princeton Digital Group (India) Management Private Limited for supplying similar power distribution solutions. The aggregate value of both contracts stands at approximately Rs. 75.19 crore, excluding taxes.
The company stated that the supplies under both contracts are scheduled to be executed over a period of 12 to 18 months. It also clarified that none of its promoters or promoter group entities have any interest in the contracts and that the orders do not constitute related-party transactions.
The latest order reinforces Marine Electricals’ growing presence in India’s data centre ecosystem, where uninterrupted and reliable power infrastructure remains one of the most critical requirements. Power distribution systems play a vital role in ensuring operational continuity, energy efficiency, and redundancy for hyperscale and colocation data centres.
India’s data centre industry is witnessing rapid expansion, driven by rising cloud adoption, artificial intelligence workloads, digital payments, increasing internet penetration, and government initiatives promoting digital infrastructure. Global operators and domestic developers continue to invest heavily in hyperscale facilities, creating significant opportunities for companies engaged in electrical infrastructure, power management, and automation solutions.
For investors, the order enhances Marine Electricals’ revenue visibility while highlighting its capability to secure projects from marquee data centre operators. As investments in digital infrastructure accelerate, demand for advanced electrical distribution systems and mission-critical power solutions is expected to remain robust over the coming years.
Incorporated in 1978, Marine Electricals (India) Limited is an integrated technical services provider offering electrical automation, power distribution, and information and communication technology (ICT) solutions. The company serves diverse industries including marine, commercial, industrial, infrastructure, and data centres through its engineering and manufacturing capabilities.
The latest Rs. 75.19 crore order is expected to strengthen Marine Electricals’ order book while reinforcing its position as a key supplier of electrical infrastructure solutions to India’s fast-growing data centre industry.
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