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Elecon Engineering bags project worth Rs 82 cr from ArcelorMittal

Elecon Engineering has secured a contract worth Rs 82.78 crore from ArcelorMittal Nippon Steel India for the manufacture and supply of belt conveyor mechanical equipment and technological structures at the Hazira Plant in Surat, Gujarat. Excluding GST, the contract adds to Elecon Engineering's portfolio as a prominent industrial gears and material handling equipment manufacturer in Asia.

By Constro Facilitator
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Elecon Engineering has been awarded an order worth Rs 82.78 crore from ArcelorMittal Nippon Steel India Ltd. The contract entails manufacture and supply of belt conveyor mechanical equipment and technological structure for ArcelorMittal Nippon SteelIndia’s Hazira Plant in Surat, Gujarat.

The contract value of the order of Rs 82.78 crore excludes GST, Elecon Engineering said in a regulatory filing.

Elecon Engineering Company Ltd is a leading manufacturer of industrial gears in Asia and material handling equipment.

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