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MSTC inks MoU with HEC

10 Jul 2019 Evaluate

Heavy Engineering Corporation (HEC) has inked a memorandum of understanding (MoU) with MSTC, on July 09, 2019 to engage MSTC for disposal of all surplus, condemned, scrap and obsolete materials through MSTC’s Auction web site via e-auction route.

This pact will enable HEC to dispose of its waste and surplus material smoothly and generate additional revenue. The e-auction route will provide full transparency in the system and expeditious disposal action.

MSTC is a Mini Ratna Category-I PSU under the administrative control of the Ministry of Steel, Government of India.

Peers
Company Name CMP
Eternal 343.70
Swiggy 177.30
Meesho 222.30
FSN E-Comm. Ventur. 353.10
Brainbees Solutions 160.65
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