BGR Energy Receives Rs 16 Cr Order From Maithon Power

BGR Energy Receives Rs 16 Cr Order From Maithon PowerBGR Energy, engineering equipment supplier, has announced that it has secured a deal worth Rs 15.5 crore.

The scope of the order includes design, engineering, supply, erection and commissioning of large `Total Water System` from Maithon Power, Jharkhand.

The water system would be established in a coal-based power plant being developed by Maithon Power Ltd, a joint venture company of Tata Power and Damodar Valley Corporation.

The company said that the order is to be completed by March 2010.  

BGR Energy conducts the business in two sections, the supply of systems and equipment and turnkey engineering project contracting.

At 3:07 p.m., shares of the company lost 1.7% to trade at Rs 171 on the Bombay Stock Exchange (BSE). The total volume of shares traded was 166,786 at the BSE. The share price has seen a 52-week high of Rs 480.25 and a low of Rs 107 on BSE.

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