MoneyWorks4Me

McNally Bharat’s German arm bags order worth Euro 15.4 million

17 Nov 2011 Evaluate

McNally Bharat Engineering Company’s 100% German subsidiary, MBE Coal & Mineral Technology, has received an order worth Euro 15.4 million from Assmang, Sandton, South Africa, for the delivery of eight Magnetic Separators.

Earlier in October, the company bagged an order worth Rs 86.00 crore from Surana Power for the complete coal handling system from wagon tippler up to the tripper car over the boiler bunkers. The order worth Rs 86.00 crore was inclusive of all applicable taxes and duties.

McNally Bharat Engineering Company is one of the leading engineering companies. It provides turnkey solutions in areas of power, steel, alumina, material handling, mineral beneficiation, coal washing, ash handling and disposal, port cranes, civic and industrial water supply etc.

Peers
Company Name CMP
Larsen & Toubro 3699.10
Kalpataru Projects 1393.45
NCC 125.10
Rail Vikas Nigam 190.50
KEC International 369.70
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