McNally Bharat bags order from NTPC
McNally Bharat bags order from NTPC McNally Bharat Engineering received an order for supply of Dry Fly Ash Extraction and Collection System from NTPC for its Rihand Plant valued at Rs 138 million. Asansol Durgapur Development Authority (a statutory body of the government of West Bengal) has allotted the company 25 acres of industrial land in the industrial area on national highway 2 in Asansol for setting up a heavy engineering equipment manufacturing facility.
>Yesterday (September 17), the company received an order worth Rs 2,586.8 billion from Steel Authority of India (SAIL).
The order is for setting up of by-product plant for IISCO Steel Plant, Burnpur. The order will be executed within 29 months from the effective date of contrac t.
McNally Bharat Engineering Company is an engineering company engaged in providing turnkey solutions in the areas of infrastructure and other industries, such as power, steel, coal washing, ash handling.
Shares of the company declined Rs 0.05, or 0.03%, to trade at Rs 197.30. The total volume of shares traded was 30,846 at the BSE. (12.12 p.m, Tuesday)
