McNally Bharat Engineering, India’s leading engineering solutions company, announced that it has secured 2 orders worth Rs 2.44 billion from Vedanta Group.
London listed Vedanta Group is a metals and mining major with Aluminium, Copper and Zinc operations in India and Australia.
According to sources, the first order has been bagged for Vedanta Group’s 1.5 million tons per annum capacity lead zinc beneficiation plant located in Bhilwara, Rajasthan and the other is for aluminium handling package at Lanjigarh, Orissa.
Elecon Engineering Company, maker of mechanical handling equipment, announced that it has secured prestigious order worth Rs 1.2 billion from Mundra Port and Special Economic Zone of Adani Group.
According to sources, the company has won the contract for design, supply, erection, testing and commissioning of material handling system for West Port, Mundra.
Elecon is the first conglomerate in India to have manufactured sophisticated equipment for bulk material handling.
In a bid to explore nuclear fuel generation possiblities in the country, engineering and construction firm Punj Lloyd has entered into an agreement with US-based Thorium Power.
With this, the two companies would be able to set up joint venture projects in the area of nuclear fuel in India and neighbouring regions.
Engineering and construction major, Larsen & Toubro (L&T) announced that its newly formed Building & Factories Operating company, a part of its construction division, has pocketed Rs 1,450-crore worth orders during the third quarter of 2008-2009.
The scope of orders includes the construction of IT and office space building including add on orders from on going work at its airport projects.
The company said that it has received the fresh orders from major players including Tata Consultancy Services (TCS) and Godrej Developers.
Valecha Engineering announced that the company has pocketed two orders worth Rs 160 crore for construction-related work in Delhi and Mumbai.
The source close to the company said that first contract of Rs 110 crore has been bagged for a bridge project in Delhi.
Further, the company secured another project worth Rs 50 crore to execute the sky-walk projects in Mumbai.
According to reports, the sky-walk is an elevated walk-way connecting the railway station and points where there are high concentrations of pedestrians.