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MIC Electronics Ltd has informed the exchanges that the company as a lead member in a three-party consortium took part in a bid floated by Energy Efficiency Services for design, manufacture, supply, testing, installation (Retrofit) and commissioning of LED street lights along with Centralised Control and Monitoring System (CCMS) in five districts of Andhra Pradesh. For Guntur, Krishna, East Godavari, West Godavari (1,81,398 LED street lights), the company stood first lowest bidder and for Prakasam (31,221 LED street lights), it was the second. Shares of MIC Electronics closed at ₹11.15, up 9 per cent on the NSE.
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