Chennai-based Shriram EPC Ltd, an engineering, procurement and construction (EPC) service provider, today informed BSE that it has bagged two orders from Rashtriya Ispat Nigam Ltd.
Value of the order is around Rs 81 crore.
On the first phase Shriram EPC will design, manufacture and supply of indigenous plant and machinery and equipment for the Special Bar Mill (SBM). Second phase include storage, handling, erection, testing, commissioning and PG tests for the SBM.
The completion period for the contracts awarded to Shriram EPC is 27 months from the date of signing of the LOI, according to the company announcement in BSE.