Brief: Mcnally Bharat Engg gets contract worth 10.24 bln rupees

McNally Bharat Engg

15/10/2015 05:31

Oct 15 (Reuters) - McNally Bharat Engg Co Ltd  MCNL.NS : 
 * Receipt of contract worth 10.24 billion rupees 
 * Order from from Sohar Bitumen Llc in oman for their bitumen refinery in 
   Sohar, Muscat, Sultanate of Oman 
 * Delivery period of the project is 24 months from the date of receipt of 
   advance from the customer 
 * Source text: 
McNally Bharat Engineering Company Ltd has informed BSE that the Company i.e. McNally Bharat Engineering Company Limited (MBE) in its recently formed 50 : 50 SPV with EMC Group in Muscat, Sultanate of Oman, received a contract for Construction, detailed engineering, construction supervision, mechanical commissioning and supply for a value of US$ 315 million (Rs. 2048 crores approximately) from Sohar Bitumen LLC in Oman for their Bitumen Refinery in Sohar, Muscat, Sultanate of Oman. 
 
The share of MBE in the said order shall be US$ 157 million (Rs. 1024 crores approximately). The delivery period of the project is 24 months from the date of receipt of advance from the customer. 
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