Petron Engineering receives LOI from Kuwait company for Rs.15.5 Crores

Petron Engineering Construction Ltd has announced that the Company has received Letter of Intent from Heavy Engineering Industries & Shipbuilding Co, (K.S.C) in Kuwait, for Mechanical equipment installation, Piping Fabrication & Erection works and Steel Structural Erection works for Polyethylene Plant for a contract value of 1 Million Kuwaiti Dinar, which is equivalent to Rs 15.5 crores (approx.).

Source : Equity Bulls

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