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Elecon Engineering bags Rs 82.78 cr order from ArcelorMittal Nippon Steel
Industry News- Jan 23,24
The agreement involves the manufacturing and supply of belt conveyor mechanical equipment and technological structure for ArcelorMittal Nippon Steel India's Hazira Plant in Surat, Gujarat.
Elecon Engineering announced that it has secured a contract worth Rs 82.78 crore from ArcelorMittal Nippon Steel India Ltd. The agreement involves the manufacturing and supply of belt conveyor mechanical equipment and technological structure for ArcelorMittal Nippon Steel India's Hazira Plant in Surat, Gujarat.
Elecon Engineering clarified in a regulatory filing that the contract value of Rs 82.78 crore does not include GST. As a prominent manufacturer of industrial gears in Asia and material handling equipment, Elecon Engineering Company Ltd continues to be a key player in the industry.
Source: Money Control
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