Dec 8 2010
Manufacturer of LED Lighting, MIC Electronics and the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) have entered into a definitive agreement. Under the Rs.6.63 Cr agreement, MIC will supply LED solar street lighting solutions to UPNEDA.
MIC has won Rs.5.87 Cr orders from Indian Railways to deliver a range of emergency LED lighting systems and true color LED display solutions. In addition, the company won Rs.7.26 Cr orders for true color LED display system and Rs.4.13 Cr orders for LED lighting solutions from numerous corporate houses. With these contracts, the company will enter into major corporate houses and will meet their LED lighting requirements.
MIC Electronics’ Managing Director and Chairman, Dr. M V Ramana Rao stated that the company is delighted to bag new orders. He added that the orders would reinforce and consolidate the company’s position in the domestic market.
Source: http://www.micelectronics.com/