Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
04 March, 2015 08:19 IST
Tecpro bags order worth Rs 1.40 bn
Source: IRIS | 21 Jan, 2013, 11.31AM
Comments  |  Post Comment

Tecpro Systems, an engineering procurement and construction (EPC) company, has received an order worth Rs 1.40 billion from the West Bengal Development Corporation, a Government of West Bengal Enterprise.

The order is for supply of ash handling plant turnkey package for Sagadighi Thermal Power Extention project, phase-II, units 3 and 4 alongwith erection and other related services.

Commenting on the development, Amul Gabrani, vice-chairman & managing director, Tecpro Systems (Q,N,C,F)* said, ''We are glad to receive this order from the West Bengal Power Development Corporation. It has been our continuous effort to strengthen the order book position given our strong performance track record and leadership position in the coal handling and ash handling segment.''

''We have witnessed good traction in order inflows this year having booked orders worth Rs 23 billion till date, compared to Rs 16.38 billion booked during the same period last year. Further, our total order book position till date at about Rs 45 billion. We are confident of maintaining this momentum going forward aided by our unique presence across multiple services offerings,'' he added.

Shares of the company gained Rs 9.45, or 6.31%, to trade at Rs 159.25. The total volume of shares traded was 81,608 at the BSE (11.28 a.m., Monday).

Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type    into this box
Related Articles
Nitin Fire Protection receives UL approval for 'clean agent suppression system' - 03-Mar-2015 16:43
DCB Bank advises Kashmir Finance for fund raising - 03-Mar-2015 15:54
CG board approves scheme for vertical demerger of consumer products business - 03-Mar-2015 15:18
ErosNow partners with GTPL - 03-Mar-2015 14:28
Nectar Lifesciences bags European cGMP nod for Cephalosporin APIs - 03-Mar-2015 14:11
Bharti's African tower sales to reduce debt, but could be offset by spectrum payments: Moody's - 03-Mar-2015 14:04
Titan commences stainless steel production in Coimbatore - 03-Mar-2015 14:00
Bharti Airtel announces strategic collaboration with China Mobile - 03-Mar-2015 13:46
SBI and Coromandel Intl' join hands for sustainable rural development - 03-Mar-2015 13:26
Moody's downgrades CBI and IOB to 'Ba1' - 03-Mar-2015 13:26
Moody's downgrades CBI and IOB to 'Ba1' - 03-Mar-2015 13:26
more...
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer