Marsons Ltd Wins ₹31.26 Crore LoI Contract.

Marsons Limited has received a Letter of Intent (LoI) worth ₹31.27 crore (including GST) from Assam Electricity Grid Corporation Limited (AEGCL), the company said in a regulatory filing.

The order is for the supply of 132/33 kV, 50 MVA power transformers along with related services for the Durlavcherra, Karimganj and Srikona substations under AEGCL’s Package-T-3.

The total contract value stands at ₹31,26,70,500, including taxes.

The development marks a fresh order win for Marsons in the power equipment segment, strengthening its presence in the transmission infrastructure space.