Mumbai, February 17, 2026: Marine Electricals (India) Limited (NSE: MARINE) has secured orders worth ₹19.09 crore, excluding taxes, from Crescon Projects & Services Private Limited for the supply of power distribution units.
The company informed the exchange that the scope of work involves manufacturing and supply of power distribution units, with execution scheduled over a 12-month period.
Order Details
| Particulars | Details |
|---|---|
| Order Value | ₹19.09 crore (excluding taxes) |
| Client | Crescon Projects & Services Private Limited |
| Nature of Work | Supply of power distribution units |
| Execution Timeline | 12 months |
The order strengthens Marine Electricals’ order book in its core electrical and power distribution segment and reinforces its position in executing medium-scale industrial electrical projects.
About Marine Electricals (India) Limited
Marine Electricals (India) Limited is engaged in the business of electrical and automation solutions, including power distribution, marine electrical systems, and industrial turnkey projects. The company is listed on the National Stock Exchange under the symbol MARINE and operates across marine, offshore, and industrial sectors.Source:
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