Marine Electricals Receives ₹230 Crore Power Supply Orders

Core Announcement – Order Details

Awarding Entity: Digital Edge DC (India) Private Limited

Domestic/International Order: Domestic (India)

Nature of Order/Contract: Supply of power distribution system

Order Value: ₹229.73 crores (excluding taxes)

Materiality Context: Not Specified

Execution Timeline: Delivery scheduled to be completed over a period of 15 months

Revenue Recognition / Billing Structure: Not Specified

Key Terms & Payment Milestones: Not Specified

Whether Related Party Transaction: No. The company explicitly states "the said order/contract does not fall within the ambit of related party transactions"

Promoter Group Involvement: No. The company states "none of the Promoters/Promoter Group have any interest in the aforesaid work"

Financial Implication: Not Specified