Marine Electricals Wins ₹115 Crore Contract from Larsen & Toubro
Marine Electricals (India) Limited has secured a ₹115 crore contract with Larsen & Toubro for LT boards and panels. This order emphasizes the company's role in supporting infrastructure development in semiconductor manufacturing.
Theia Market Signal Identification - AI AssistedPublished Apr 6, 2026
Marine Electricals (India) Limited has been awarded a contract worth ₹115 crores by Larsen & Toubro Limited. This contract involves the supply, installation, testing, and commissioning of low-tension (LT) boards and branch panels for a semiconductor manufacturing facility in Dholera.
The project is scheduled for completion within 18 months. This order reflects a growing demand in the semiconductor sector, which may influence future investments in infrastructure and technology enhancements.
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