MoneyWorks4Me

Petron Engineering Construction receives LoI for contract worth Rs 196 crore

24 Feb 2014 Evaluate

Petron Engineering Construction has received a Letter of Intent (LoI) dated February 19, 2014 from JBF Petrochemicals, Mangalore for Composite works comprising Civil, Structural, Underground Piping, Buildings, Mechanical Piping, Insulation, Painting, Electrical & Instrumentation works for its JBF PTA OSBL Project at Mangalore for an approximately contract value of Rs 196.00 crore plus service tax.

Petron Engineering Construction has a valuable and rich experience in the fields of refinery (reformers and crackers), power and cement plants, petrochemical and fertilizer plants; insulation and refractory, fabrication works along with electrical and instrumentation works.

Peers
Company Name CMP
Larsen & Toubro 3874.90
Kalpataru Projects 1407.20
NCC 133.85
Rail Vikas Nigam 208.30
KEC International 397.40
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