McNally Engineering bags order worth Rs173cr from SECL; stock zooms 5%

Company stocks climbed 4.90% higher to trade at Rs5.78 per piece on the BSE, after the company announced receipt of a new order.

Jan 20, 2021 10:01 IST India Infoline News Service

McNally Bharat Engineering Company stocks climbed 4.90% higher to trade at Rs5.78 per piece on the BSE, after the company announced receipt of a new order. 

The company said that it has received an order worth Rs173.46cr from South Eastern Coalfields Limited (SECL) for "planning, design, engineering, construction, fabrication, erection, supply, installation, testing, trial run and commissioning" of an capital assets of SECL.

The RCC Silo of 3,000 te capacity with Rapid Loading System of 4,500-8,000 tph, one set of crushing cum truck receiving station, RCC overhead bunker of 10,000 te and associated belt conveyors with transfer house for reclamation of coal from the crushing cum truck receiving station and feeding it to the bunker and then to the RCC Silo are part of the order.

The order is inclusive of all civil and structural and elecctrical and mechanical works and allied auxiliary facilities such as dust suppression system, fire fighting system, plant cleaning system, sampling system, condition monitoring system, drinking water supply system, service road, general development, drainage etc on turnkey basis for loading of Raw coal into Rail wagons at Chhal OCP, rated capacity - 6 MT, the company said.

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