KLG Systel bags repeat order worth Rs 306 million

KLG Systel bags repeat order worth Rs 306 millionKLG Systel has made announcement that company's power system solution (PSS) division has secured an order worth Rs 306 million from Uttar Haryana Bijli Vitran Nigam (UHBVN).

According to sources, this is the repeat order, which has been awarded to the company for executing engineering procurement construction (EPC) project.

The major activity of India-based KLG Systel is to offer software, information technology solutions and IT enabled services.

 The Group also offer software based on an IT-centric organisation-life cycle model to the process, power, making and infrastructure sectors.

Stock of KLG Systel ended on Friday at Rs 87, plummeted 6.81% on Bombay Stock Exchange (BSE) due to weak stock markets. The total volume of shares traded was 29,520 on BSE (Friday).

Business News: