McNally Bharat gets Rs 115 cr order from Neyveli Lignite

MUMBAI: McNally Bharat Engineering Company today said it has bagged a Rs 115.56 crore order from Neyveli Lignite Corp for construction related works.

The scope of work includes design, engineering, civil works and commissioning of the bucket wheel excavator, McNally Bharat said in a filing to Bombay Stock Exchange ( BSE).

The project is scheduled to be completed in 30 months, it added.

Earlier this month, the company had received a Rs 16 crore order from Essar Projects (India) Ltd.

Shares of McNally Bharat were trading at Rs 221, up 0.78 per cent from the previous close.