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PSL bags order worth Rs 231.83 crore from NTPC

30 Jun 2011 Evaluate

PSL has secured prestigious orders worth Rs 231.83 crore on June 29, 2011 from the leading public sector company - NTPC for supply of make-up water pipes package for its Solapur Super Thermal Power Project (2x660MW). The aforesaid awarded contract comprises of work of design, manufacture, testing, inspection, transportation, delivery etc. with respect to above stated supply.

Recently, PSL was exploring the options of entering port construction business and was ready to invest up to Rs 500 crore in building a jetty at Kandla Port in Gujarat, through the public-private participation route. However, the actual investment could be less than Rs 500 crore and the company was preparing feasibility report on it.

PSL is India’s largest producer / manufacturer of HSAW pipes, the line-pipe industry's preferred pipe, with production capacity in excess of the 1 MT mark.

PSL Share Price

0.34 0.00 (0.00%)
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