MoneyWorks4Me

Elecon Engineering bags orders aggregating worth Rs 14.42 crore from Monnet Ispat & Energy

19 Feb 2013 Evaluate

Elecon Engineering Company has been awarded orders aggregating worth Rs 14.42 crore from Monnet Ispat & Energy for design, engineering, manufacture, shop testing, inspection, painting, packing & forwarding and Erection, Start-up, Trail Operation, Testing, Commissioning of Stacker Reclaimers for Coal and Iron Ore and Pellet respectively of Monnet Ispat & Energy at Raigarh in Chhattisgarh.

The company had recently been awarded Letter of intent of Rs 183.00 Crore from NCC (formerly Nagarjuna Construction Company) Madhapur, Hyderabad for Design, Engineering , Supply, Transportation, Erection, Testing & Commissioning of complete External Coal Handling Pipe Conveyor System Package of 4000TPH including Mandatory spares for 2x660MW NCCPPL Super Critical TPP at Ananthapuram village, Muthukur Mandal Nellore District, Andhra Pradesh.

Elecon Engineering Company is a market leader in the domestic gears segment with around 25% market share in the domestic transmission equipment segment.

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