Marine Electricals (India) Limited has announced a significant milestone with the receipt of a Rs. 12.1 crore order from Arcelor Mittal Nippon Steel (AM/NS). This order encompasses the supply of advanced LV Power and motor control centers designed to integrate seamlessly with automation systems. The delivery of this equipment is scheduled to span over a period of six months.

Arcelor Mittal Nippon Steel, a prominent player in the steel industry, has chosen Marine Electricals after a rigorous evaluation of their capabilities in power distribution and automation. The equipment will play a crucial role in powering the Steel Melting Plant at AM/NS's integrated steel plant located in Hazira, Gujarat. This facility is pivotal for AM/NS, and the equipment from Marine Electricals will ensure the smooth operation of critical processes.

Marine Electricals has a proven track record of successfully implementing their state-of-the-art power distribution and automation equipment in various critical industries. Their equipment is currently in satisfactory operation at numerous refineries, chemical and petrochemical plants. Additionally, the company has demonstrated its competence in emerging sectors such as data centers, microelectronics, and semiconductors, delivering under challenging timelines.

The steel industry in India is witnessing rapid growth due to substantial investments in infrastructure and industrial sectors. As a result, major steel plants are undergoing significant upgrades and expansions. The order from AM/NS not only underscores Marine Electricals' expertise but also positions them favorably for future opportunities with other major steel manufacturers.

This order is not a related party transaction, as there is no interest from any promoter or promoter group in the work specified. Marine Electricals is well-positioned to capitalize on the growing demand for steel and related infrastructure enhancements.

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