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Ion Exchange (India) bags contract of Rs137cr from Numaligarh Refinery

The project is to be constructed and commissioned within 19 months from the date of Letter of Acceptance.

January 18, 2022 3:44 IST | India Infoline News Service
Stock Market Trader, Stock Trader, Trading
Ion Exchange (India) Ltd has informed that the Company has been awarded a DM Plant and CPU Package Works contract by Numaligarh Refinery Limited (NRL).

The Company received contract for NRL's "Numaligarh Refinery Expansion Project" at Numaligarh Refinery, Numaligarh, Assam on turn key basis at contract value of Rs137cr+ 18% GST.

The project is to be constructed and commissioned within 19 months from the date of Letter of Acceptance, said company in a regulatory filing on Tuesday.

Ion Exchange (India) ended at Rs2,180 per share down by Rs81.5 or 3.6% against previous closing of Rs2,261.50 per share on the BSE.

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