Sunil Hitech secures orders worth Rs 1234.00 mns

Sunil Hitech Engineers Ltd has announced that The Company has bagged various projects amounting to Rs 1234.00 millions (awaiting for the orders) and the execution period for the contracts is about two years.

One of the projects bagged includes structural steel works for RINL, Vizag (Visakhapattanam) worth Rs 177.00 millions by which the Company has forayed into infrastructural Development for steel plants, the other three projects are with BHEL that includes structural steel works for 250 MW expansion of Neyveli Lignite Thermal Project and 2*125 MW for Surat Lignite project, the other one is Erection, Testing, Commissioning of CFBC Boiler 2*125 mw Boilers for BHEL at Rajasthan amounting to a total of worth Rs 466.00 millions.

Two orders are from the distribution sector for setting up 132/11KV and 33/11 KV substations in the states of Hariyana and Maharashtra amounting to Rs 440.00 millions respectively.

The Company has also bagged project from JSW Energy worth Rs 161.00 millions at Bellary, Karnataka for structural steel work of their 2*300 mw Power plant.

With more than new orders worth Rs 1880.00 millions since August 2006, the Company is very bullish and plans to execute the contracts well within time.

Source : Equity Bulls

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