Moneycontrol
Oct 12, 2017 02:49 PM IST | Source: Moneycontrol.com

Man Industries gets order worth Rs 925 crore

Man Industries has received a prestigious order for Rs 925 crore from Gail for supply of about 1,16,000 mt of line pipes for its Jagdishpur-Haldia-Bokaro-Dharma pipeline project, Phase III.

Man Industries gets order worth Rs 925 crore
MAN Industries Gets Order worth Rs. 925 crores

Mumbai, October, 12th 2017. MAN Industries (India) Limited, one of the leading Large Diameter API grade Pipe manufacturing company has received a prestigious order for USD 142.44 mio. (approx. Rs.925 crores) from GAIL (India) Ltd. for supply of about 1,16,000 MT. of Line pipes for its Jagdishpur-Haldia-Bokaro-Dhamra Pipeline Project (JHBDPL), Phase II.

With this new order, the outstanding order book as on date stands at approx. Rs.2,700 crores to be executed within a period of 9 to 12 months.

This is for your information and dissemination to investors.
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