Man Industries wins Rs 220 cr orders

New Delhi, June 25: Man Industries India Ltd today said it has bagged orders worth Rs 220 crore including one from oil and gas major Malaysia-based Petronas for supply of LSAW pipes.

''With this, the order book position stands at Rs 2,400 crore.

The company has also bid for several large projects globally for about one billion dollars and expects to improve the order book position substantially in the coming months as most of these bids are at an advanced stage of evaluation,'' Man Industries Vice President (Corporate Affairs) K G Mantri said.

The company manufacturers line pipes and coating system with a total installed capacity of over 2,500 KM of line pipe and over five million square meters of coating systems every year.

It is in advanced stage of adding two more production lines at its Anjar complex and one of which will be commissioned in the next month and other in the second half of the current year, a statement said.

The company is executing various major contracts for manufacture and supply of line pipes and coating systems to various clients in India and abroad.

UNI