Hindustan Dorr Oliver, a leading total engineering solution provider company has bagged an order worth Rs 1.30 billion from Bharat Aluminium Company (BALCO), a part of Vedanta Group.
The order work includes designing, engineering, procurement, manufacturing, supply, civil works, erection/ construction, testing & commissioning of fume treatment plant for their smelter expansion project at Korba.
Fives Solios, France a world class expert in this field is the technology partner for this project.
The total order value along with Fives Solios, France is worth Rs 2.76 billion.
Execution of the said Project shall be completed within a period of 20 months.
The company has already successfully completed similar project with Vedanta group for its existing smelter project at Jharsuguda, Orissa.
Shares of Hindustan Dorr Oliver gained Rs 5.95, or 4.54%, to trade at Rs 137. The total volume of shares traded was 119,774 at the BSE (2.37 p.m., Tuesday).