Isgec Hitachi Zosen Limited's footprint in global green energy initiative - bags order for critical Reactors for USA

Isgec Hitachi Zosen Limited received a prestigious order for the supply of 4 nos. Reactors of Vanadium Modified Low Alloy Steel, for a Renewable Energy project in USA. The scope of work includes mechanical design, material procurement, fabrication, testing, and supply of equipment.

This is the first order for Isgec Hitachi Zosen Ltd., India (a joint venture of Isgec Heavy Engineering Ltd., India and Hitachi Zosen Corporation, Japan) for supplying such Reactors to USA. The renewable energy project, which is under execution, will convert vegetable oils to synthetic transport fuels.

Shares of ISGEC Heavy Engineering Ltd was last trading in BSE at Rs.832 as compared to the previous close of Rs. 855.3. The total number of shares traded during the day was 55968 in over 3847 trades.

The stock hit an intraday high of Rs. 865 and intraday low of 820. The net turnover during the day was Rs. 46953037.

Source : Equity Bulls

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