McNally Bharat Engineering Company Ltd has announced that the Company in consortium with TYAZPROMEX PORT (TPE) of Russia has been awarded the contract for the Construction of New Sinter Plant No 3 by Rashtriya Ispat Nigam Ltd at their Plant in Visakhapatnam valuing Rs 688 crores. Under the contract the value of the order awarded to MBE is Rs 555.67 crores.