MIC Electronics receives LoA from Northern Railway Zone for order worth Rs 1.33 crore

MIC Electronics has bagged an order from Indian Railways. According to an exchange filing, the company has received a Letter of Acceptance from the Ratlam Division of the Western Railway for the provision of telecom-based passenger amenities at SGE, SA and the provision of FIOSNET at ELS, Erode.

"The aggregate value of the said work order is Rs. 1,33,08,976.53/- (One crore, thirty-three lakhs, eight thousand, nine hundred and seventy-six rupees, and fifty-three paise only)," the company said in an exchange filing.

Earlier, the company bagged an order worth Rs 86.44 lakh. The work will be completed in 10 months from the date of issue of the Letter of Acceptance.

Earlier, the company received a Letter of Acceptance from the Lucknow Division of the Northern Railway Zone for the provision of an Integrated Passenger Information System at different stations ahead of Mahakumbh 2025. 

"...received a Letter of Acceptance from the Lucknow Division of the Northern Railway Zone for the provision of Integrated Passenger Information System at PRG, PYGS, and PFM Stations in c/w Mahakumbh-2025," the company said in an exchange filing.

The aggregate value of the said work is Rs 2.54 crore and the project needs to be executed in nine months from the date of the issue of letter of acceptance.