MoneyWorks4Me

Artson Engineering bags order worth Rs 20.65 crore from division of Tata Steel

19 Jul 2011 Evaluate

Artson Engineering has received a work order estimated about Rs 20.65 crore from Tata Steel Growth Shop, a division of Tata Steel. The company’s scope of work includes fabrication of structurals at Gamharia near Jamshedpur.

Recently, Artson Engineering had received two Letters of Intent (LoI) worth Rs 21 crore from Abir Infrastructure. The order comprises entailing fabrication, erection, installation and commissioning of tanks and Piping and Mechanical Equipments at a project in Cuddalore.

The company is engaged in pioneering work in developing products and systems in fuel handling and tankage construction activities in refineries, which led the company to become one of the foremost companies in India with specialization in Petroleum Storage and handling systems.

Peers
Company Name CMP
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Thermax 3449.00
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INDO-MIM 1275.35
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