MIC Electronics Bags ₹114.10 Crore Infrastructure Order in Nava Raipur Project

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Hyderabad, January 28, 2026MIC Electronics Limited (NSE: MICEL | BSE: 532850) has received a Letter of Acceptance for a large-scale infrastructure project in Chhattisgarh, strengthening its order book and presence in government-led urban development initiatives.

Order Details and Scope​

The company has been selected to execute infrastructure works at the Common Facility Centre in Sector 22 of Nava Raipur Atal Nagar, Raipur. The total contract value stands at ₹114.10 crore, marking a significant win for the Hyderabad-based electronics and infrastructure solutions provider.
The project scope includes designing, engineering, supply, construction, testing, commissioning, annual maintenance, and operation and maintenance of the infrastructure at the site. The execution timeline for the project is 10 months, indicating near-term revenue visibility.

Key Contract Highlights​

ParticularsDetails
Project LocationSector 22, Nava Raipur Atal Nagar, Raipur
Contract Value₹114.10 crore
Nature of WorkEnd-to-end infrastructure development and maintenance
Execution Period10 months
Mode of AwardDirect order through tender
CounterpartyState government development authority
Related Party InvolvementNone
The order was awarded by a domestic government development authority, with no interest or involvement from the company’s promoter or promoter group entities.

About MIC Electronics Limited​

MIC Electronics Limited is a publicly listed company engaged in electronic solutions, LED lighting, display systems, and infrastructure-related projects. The company has a presence across transportation, urban infrastructure, and public utility segments, catering to both government and institutional clients across India.

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