Apar Ind bags orders worth Rs 122.5 cr
Electrical and metallurgical firm Apar Industries says it has bagged a Rs 122.5-crore export order from Ethiopia-based electric power corporation.
By PTI |
MUMBAI: Electrical and metallurgical firm Apar Industries on Monday said it has bagged a Rs 122.5-crore export order from Ethiopia-based electric power corporation.
The company has bagged export orders from Electric Power Corporation of Ethiopean government to supply aluminium alloy conductors, galvanized steel wires and aluminium round tie- wires for power distribution and transmission lines, the company said in a filing to the Bombay Stock Exchange.
The company had recently sold its polymers unit in Gujarat to the Indian arm of France-based Eliokem group for Rs 111 crore. The sale of the unit, based in Valia, Gujarat, was done on a growing concern basis, the company had said.
Eliokem group is engaged in manufacturing, marketing and distribution of niche specialty chemicals worldwide.
The company has bagged export orders from Electric Power Corporation of Ethiopean government to supply aluminium alloy conductors, galvanized steel wires and aluminium round tie- wires for power distribution and transmission lines, the company said in a filing to the Bombay Stock Exchange.
The company had recently sold its polymers unit in Gujarat to the Indian arm of France-based Eliokem group for Rs 111 crore. The sale of the unit, based in Valia, Gujarat, was done on a growing concern basis, the company had said.
Eliokem group is engaged in manufacturing, marketing and distribution of niche specialty chemicals worldwide.
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