McNally Bharat bags Rs 621.88 cr order from Sail

New Delhi, Feb 12: McNally Bharat Engineering Company Ltd today said the company has received an order worth Rs 621.88 crores from Steel Authority of India Ltd (SAIL) for the expansion of its IISCO Steel Plant.

Further the company said in a statetement that SAIL, Bokaro Steel Plant has awarded an order worth Rs 70.58 crores. The scope of the order include supplying raw material handling system to SAIL, McNally Bharat said in a filing to the Bombay Stock Exchange. McNally further informed it has secured another order of Rs 70.58 crore from SAIL. The order would be for Bokaro Steel Plant's 7 MT expansion for its coupled pickling line tandem cold mill.

UNI