Nibe Subsidiary Wins ₹12.58 Cr MSEDCL GIS Contract

Nibe Limited's subsidiary Nibe Space Private Limited received a ₹12.58 crore order from Maharashtra State Electricity Distribution Co. Ltd.
The contract involves GIS survey, mapping and digital data preparation of MSEDCL's electrical distribution network.
The project is domestic and will be executed in tranches over a 42-month period.
The order is not a related party transaction and no promoter group interest exists in MSEDCL.