Home » CleanTech/ Renewable Energy » MIC Electronics Limited wins multiple orders for Rs. 238.9 million

MIC Electronics Limited wins multiple orders for Rs. 238.9 million

MIC Electronics started off as an  R&D driven  organization 23 years ago as an embedded technology company and deliver embedded product solutions. Since, the company has moved into LED Displays. MIC’s flagship product, the LED Video Displays has been widely used in public places and by the number of new OOH(Out of Home) media companies in theme parks, advertisements and public information displays in railways and airports.

MIC Electronics has a long-standing and special techno commercial relationship with Nichia Corporation, Japan, one of the world’s leading LED manufacturers.

Earlier, MIC Electronics had won an order from BTGES to supply 330,000 solar lanterns over the next year for a total consideration of Rs 66 crore.

According to recent announcement by the company, the have informed that they have signed a definitive agreement with the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) for supplying LED Solar Street Lighting Systems worth Rs.6.63 Cr. Further, the company bagged orders worth Rs.5.87 Cr from Indian Railways to supply a gamut of True Color LED Display Systems and Emergency LED Lighting solutions.

Panchabuta has been talking about the Indian Railways initiative to go green and some of their early steps that they have taken in that direction. We firmly believe that this could be a big opportunity for companies like MIC and they seem to be taking advantage of the initiatives already.

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