North Eastern Carrying Corporation (NECC) has received an extension to earlier contract from Tata Steel for a consideration of Rs 50 crore. The revised gross contract value from Tata Steel now stands at Rs 450 crore from earlier Rs 400 crore.
The contract is towards carrying raw materials and mining products from Tata Steel’s Joda and Sukinda mines to the company’s factories. Of this the contract towards transportation from Sukinda mines now stands revised to Rs 150 crore from earlier Rs 100 crore to be executed and completed by December, 2018. The value of contract towards transportation from Joda mines continues to stand at Rs 300 crore.
NECC is one of the high performance transporting companies in India. Over four decades of services, the company has grown to become a 200+ branch network handling transportation and supply chain solutions throughout India, Nepal, Bhutan and Bangladesh.
