PTI reported that EPC firm Tecpro Systems has got a INR 267.3 crore order from an NTPC subsidiary for supply of the entire coal handling plant package for its Muzaffarpur plant.
The Gurgaon-based firm said that the company has received an order worth INR 267.3 crore from Kanti Bijlee Utpadan Nigam, a subsidiary of NTPC, for the supply of coal handling plant package for Muzaffarpur Thermal Power Project, stage II.
Right from designing to commissioning, Tecpro Systems will do the entire coal handling project for the 2 X 195 MW plant.
However, no execution timeline was given.
Mr Amul Gabrani CMD of Tecpro’s said that “Post this order, we remain L1 in orders worth INR 350 crore to INR 400 crore and expect these orders to come in shortly.”
However, the scrip’s of the company were trading at INR 148.95 per share during the afternoon session in BSE, down 0.77% over the previous closing.
Source - PTI
