Petron Engineering receives LoI from Bharat Oman Refineries
Petron Engineering Construction has received letter of intent for a contract valued at Rs 84.27 crore from Bharat Oman Refineries, for mechanical work for HCU/DHDT at Bina Refinery in Madhya Pradesh.
Recently the company also received letter of intent valued at Rs 15.81 crore from Bharat Oman Refineries, for electrical works at Bina Refineries.
Petron Engineering is engaged in providing total solutions in construction. The company operates through its five divisions of construction, pertron mechanical industries, petrofab, petrotech, and rockwool insulation providing services in mechanical, erection, piping, electrical, instrumentation, painting, refractory and insulation work for refineries, chemicals, petrochemicals, cement, fertilizers, metallurgical, power plants.
At 12:47 pm, Petron shares were up 4.83 per cent at Rs 219 on BSE.
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