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GE Power India jumps 3% on order win of Rs 237 crore

The company has been awarded a contract worth approximately Rs 237.6 crore (USD 35.4 million) by GE Power AG to supply 1 x 150 MW CFB Boiler and Electrostatic Precipitator Components.

April 07, 2017 / 11:00 AM IST
A worker checks pipes and valves at Amaal oil field in eastern Libya October 7, 2011. Eight months of civil war have left Libya's oil industry in chaos, with 
fields that once pumped a total of around 1.6 million barrels per day (bpd) deserted and export 
terminals, pumping stations and pipelines damaged by fighting and sabotage. Engineers and other workers who left the field, which is about 1000 km (620 miles) southeast of the capital Tripoli, are returning in what the country's new rulers hope will be the resumption of full oil production as soon as possible. REUTERS/Ismail Zitouny (LIBYA - Tags: CONFLICT BUSINESS ENERGY TPX IMAGES OF THE DAY) - RTR2SD29

A worker checks pipes and valves at Amaal oil field in eastern Libya October 7, 2011. Eight months of civil war have left Libya's oil industry in chaos, with fields that once pumped a total of around 1.6 million barrels per day (bpd) deserted and export terminals, pumping stations and pipelines damaged by fighting and sabotage. Engineers and other workers who left the field, which is about 1000 km (620 miles) southeast of the capital Tripoli, are returning in what the country's new rulers hope will be the resumption of full oil production as soon as possible. REUTERS/Ismail Zitouny (LIBYA - Tags: CONFLICT BUSINESS ENERGY TPX IMAGES OF THE DAY) - RTR2SD29

 
 
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GE Power India shares jumped 3 percent intraday Friday on order win worth Rs 237.6 crore.

The company has been awarded a contract worth approximately Rs 237.6 crore (USD 35.4 million) by GE Power AG to supply 1 x 150 MW CFB Boiler and Electrostatic Precipitator Components.

The company's scope of work consists of majorly supply of CFB Boiler Components including steel structure, pressure parts, all auxiliaries, duct work, refractory, electrical & instrumentation etc. and electrostatic precipitator components including steel structure, ducting etc.

At 10:56 hrs GE Power India was quoting at Rs 607.55, up Rs 10, or 1.67 percent on the BSE.

Posted by Rakesh Patil
first published: Apr 7, 2017 11:00 am

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