Petron Engineering bags Rs 180 cr contract from IOC

MUMBAI: Petron Engineering Construction today said it has bagged a contract worth Rs 180 crore from state-run Indian Oil Corporation for its Paradip Refinery Project.

The company has bagged the order for engineering related works at Paradip Refinery Project, Petron Engineering said in a filing to the Bombay Stock Exchange (BSE).

The scope of work includes design, engineering, procurement, construction at the project site, it said.

Shares of Petron Engineering were trading at Rs 365.25 on BSE, down 2.14 per cent from its previous close.