GE Power India Ltd bags contracts from Jaiprakash Power Ventures Ltd

GE Power India Limited has bagged contracts from Jaiprakash Power Ventures Limited.

The order for D&E, Supply , transportation, TFA for erection & commissioning and conducting PGT of FGD for Nigrie Super Thermal Power Plant at Nigrie worth Rs. 490.5 crores plus (GST 18 %) has to be completed within 33 months.

The order for D&E, Supply, transportation, TFA for erection & commissioning and conducting PGT of Boiler FGD for Bina Thermal Power Plant at Bina worth Rs. 284.4 crores plus (GST 18 %) has to be completed within 30 months.

Shares of GE Power India Limited was last trading in BSE at Rs. 345.45 as compared to the previous close of Rs. 332.00. The total number of shares traded during the day was 264348 in over 6524 trades.

The stock hit an intraday high of Rs. 371.00 and intraday low of 341.80. The net turnover during the day was Rs. 92929562.00.

Source : Equity Bulls

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GEPowerIndia INE878A01011 OrderWin JaiprakashPowerVentures