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.
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.
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Source : BSE