De Nora India has terminated the purchase orders (PO) in respect of supply of Electrolytic Chlorination Plant for the Project 2X660 MW ENNORE SEZ STPP awarded by Bharat Heavy Electricals (BHEL). The Company has terminated the Purchase orders, in view of BHEL’s failure to take delivery of certain goods for the Project 2X660 MW ENNORE SEZ STPP for supply of Electrolytic Chlorination Plant, despite lapse of over 2 years and also failure to accept company's proposal to issue a new PO, after taking into account the costs inflicted / incurred due to the delayed delivery to BHEL, which has affected Company's ability to fulfil the conditions of POs and as such amounts to a fundamental breach of the POs. As the project is terminated midway, financial impact is yet to be ascertained.
De Nora India is a subsidiary of the De Nora Group and has brought to India the latest technologies with the complete support of De Nora's technical expertise and management.
