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Richa Industries wins order worth Rs 480 mn from BHEL
Source: IRIS | 22 Sep, 2014, 10.52AM
Rating: NAN / 5 stars.
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Richa Industries has bagged order for its PEB division worth Rs 480 million from Bharat Heavy Electricals (BHEL) in Agra, Uttar Pradesh. The project involves the construction of HVDC building for Power Grid Corporation of India. The complete scope of work entails engineering design, material supply, fabrication, shipment, erection and commissioning of the building.

Richa will complete the project by nearly halfway of next year. The area of building will be around 11,600 sq meter with standing seam roof including liner panel and insulation. Richa will construct the building with a clear span of 70.5mtrs.

Sandeep Gupta, joint managing director, Richa Industries said, "We are delighted to receive this project from one of the most reputed client in the country. The Project is yet another benchmark for Richa Industries as it will provide us a huge platform to reflect our capabilities and in-depth expertise in the domain of Pre Engineered Buildings."

Shares of the company declined Rs 1.4, or 3.43%, to trade at Rs 39.40. The total volume of shares traded was 263,283 at the BSE (10.40 a.m., Monday).

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