Elecon Engg bags Rs 36 cr order from Essar Projects

Elecon Engineering Company Ltd has informed the stock exchanges that it has been awarded an order of Rs 36 crore from Essar Projects (India) for design, engineering, manufacturing, testing, inspection and supply, of equipment with all the auxiliaries / accessories for complete installation and commissioning of material handling equipments for Paradeep Coal Berth Terminal Project.

The order comprises supply of stacker reclaimer, bucket wheel reclaimers, slewing stacker, supervision of erection & commissioning and erection & commissioning of Hydraulic Items.

On the National Stock Exchange (NSE), shares of Elecon Engineering gained more than three per cent during the morning trading session to touch a high of Rs 98.40. At 11:20 am, the shares were trading at Rs 97.35.