Power company Marsons gets new order in West Bengal – check details here
In anticipation of increased energy demand due to the nationwide RDSS program, the company said it has fully operationalized its production facility.
New Delhi: Power major Marsons Ltd on Thursday said the company has bagged new orders worth Rs 40 crore in West Bengal. This comes after the central government's revamped distribution sector program, which aims to reduce electricity losses during transmission. The Modi government had launched the scheme in 2021 with an aim to reduce AT&C losses (total technical and commercial) and reduce the gap between supply costs and tariffs to zero for discoms.
Marsons produces, among other things, distribution equipment and current transformers ranging from 10 KVA (kilovolt ampere) to 160 MVA 220 kV.
The government's goal is to replace 250 million conventional meters with smart meters by 2025 under the RDSS (renewed distribution sector scheme).
“Marsons Ltd has secured orders worth nearly Rs 40 crore as part of the first phase of the RDSS scheme in West Bengal… With an execution timeline till June 2024,” the company said in an exchange filing.
In anticipation of increased energy demand due to the nationwide RDSS program, the company said it has fully operationalized its production facility.