MoneyWorks4Me

McNally Bharat receives letter of intent from Cresccnt Power

29 Feb 2012 Evaluate

McNally Bharat Engineering Company has received a letter of intent from Cresccnt Power for extension of dense phase conveying pipelines, fly ash silo, dry and wet unloading and HCSD system for 40MW power plant at Sarishathali, Asansol at a price of Rs 20.35 crore.

This price includes all applicable taxes, duties, cess and levies including excise duty, educational cess, sales tax, VAT, service tax, works contact tax, as applicable. The contractual completion period is fourteen months from the date of letter of intent.

McNally Bharat Engineering Company is one of the leading engineering companies. It provides turnkey solutions in areas of power, steel, alumina, material handling, mineral beneficiation, coal washing, ash handling and disposal, port cranes, civic and industrial water supply etc. 

Peers
Company Name CMP
Larsen & Toubro 3860.00
Kalpataru Projects 1447.10
NCC 137.00
Rail Vikas Nigam 210.30
KEC International 402.50
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