Elecon Engineering bags order worth Rs 272.33 crore from NTPC

Elecon Engineering Company has been awarded letter of intent aggregating of total Rs 272.33 crore from National Thermal Power Corporation (NTPC), NTPC Bhawan, Scope Complex, 7, Institutional Area, Lodi Road, New Delhi.

The letter of intent is for ex-works supply of Coal Handling Plant Package and for Erection and Commissioning of Coal Handling Plant Package for Mouda Super Thermal Power Project Stage - II (2x660MW).

Elecon Engineering Company (EECL) is a market leader in the domestic gears segment with around 25% market share in the domestic transmission equipment segment. Being part of the Elecon group that largely focuses on the engineering sector adds to the operational strength to EECL in terms of sourcing some of the inputs like castings from the group company and outsourcing some portion of job-work to the group company.