Marine Electricals Secures ₹174.60 Crore Worth of New Orders, Order Book Reaches ₹966 Crore Milestone.

Marine Electricals Secures ₹174.60 Crore Worth of New Orders, Order Book Reaches ₹966 Crore Milestone ⚡

Marine Electricals (India) Limited (MEIL) has announced the receipt of major new contracts worth ₹174.60 crore (excluding taxes), as disclosed on November 13, 2025, in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015.

With these fresh orders, the company’s total order book has surged to approximately ₹966 crore, reflecting strong business momentum and sectoral diversification.

🔋 Expanding Presence in the Data Center Sector

Marine Electricals continues to strengthen its footprint in the fast-evolving data center power infrastructure segment, with two key wins:

• Global Hyperscaler Project (via SIEMENS):
  MEIL has secured a prestigious contract from SIEMENS Limited to supply a Power Distribution System for a Global Hyperscaler’s JUI1A Data Center Project. The project will be executed over a 12-month delivery timeline.

• Equinix India MB3.2 Project:
  Another significant win comes from Equinix India Private Limited, involving the supply, installation, testing, and commissioning of power distribution systems for its MB3.2 Data Center. This project is expected to be completed within four months.

⚓ Strengthening Maritime Operations

Staying true to its marine engineering heritage, MEIL has also bagged a major order in the shipbuilding sector:

• Hindustan Shipyard Limited:
  MEIL will execute Electrical Works on board vessel 11200 under a new contract from Hindustan Shipyard Limited. The project is slated for completion over 36 months, marking a long-term engagement in the company’s traditional domain.

📈 Key Highlights & Corporate Governance

• Total New Orders: ₹174.60 crore (excluding taxes)

• Updated Order Book: ~₹966 crore

• Order Sectors: Data Centers, Maritime

• Execution Timelines: 4 to 36 months

The latest order wins highlight Marine Electricals’ ability to balance growth across emerging digital infrastructure and core maritime operations, reinforcing its reputation as a trusted name in India’s industrial and marine electrical solutions sector.