Elecon Engineering bags prestigious Order worth Rs. 272.33 Crores from NTPC

Anand, 14th  May, 2012: Elecon Engineering Company Limited, one of the India’s largest Material Handling Equipments and Transmission Products manufactures, announced that their MHE Division has procured a prestigious order of Rs. 272.33 crores from National Thermal Power Corporation Limited (NTPC) for Ex-works supply of Coal Handling Plant Package and for Erection & Commissioning of Coal Handling Plant Package for Mouda Super Thermal Power Project Stage II (2x660MW).

Information of order received:
Name of Client:  National Thermal Power Corporation Limited (NTPC)
Type of Order: Ex-works supply of Coal Handling Plant Package and for Erection and Commissioning of Coal Handling Plant Package for Mouda Super Thermal Power Project Stage II (2x660MW)
Total Value of Order:  Rs.  272.33 crores

Mr. Prayasvin Patel, Chairman and Managing Director, Elecon Engineering said, “We are pleased to have procured a prestigious order worth Rs. 272.33 crores and look forward to a long—term mutually beneficial association with NTPC. This win is a big achievement for all of us at Elecon as we continue to maintain a healthy order book month on month.”

About Elecon Engineering Company Ltd.:
Established in 1951, Elecon Engineering Company Ltd of Vallabh Vidyanagar, Gujarat, India, pioneered the manufacture of material handling equipment http://www.elecon.com. During these six decades, Elecon has designed and implemented several landmark projects in India as well as abroad. From a modest start of design and manufacture of Elevators and Conveyors from which incidentally, the company derives its corporate identity. viz. "Elecon". It has grown over the years to be known as a pioneer of the concept of mechanized way of Bulk Material Handling Equipment in India. During the span of more than 6 decades, Elecon has encompassed all the major core sectors through its supplies of highly sophisticated equipment bearing ample testimony of the symbolic mark of Elecon's unbeatable technology. Elecon has thus, made its presence felt through consistent and satisfactory performance of its equipment in such core sectors as fertilizer, cement, coal/power generation, chemical, steel plant and port mechanization etc., across the country.

For further information please contact:
Yohanna Irani / Sakshi Kharabanda
Madison Public Relation
Email: yohanna@fort.madisonindia.com / sakshi@fort.madisonindia.com
Mobile: 09920499231 / 09987904022