Nitin Fire: Rs 65 cr order from Iran
Nitin Fire Protection Industries’ subsidiary Nitin Cylinders has entered into an alliance for the supply CNG gas cylinders worth Rs 65 crore to Iran.
By INDIATIMES NEWS NETWORK |
MUMBAI - Nitin Fire Protection Industries’ subsidiary Nitin Cylinders has entered into an alliance for the supply CNG gas cylinders worth Rs 65 crore to Iran. The execution of the order will be done within the current financial year 2007-08 (Apr-Mar).
The company has also received a letter of intent from Bangladesh, United Arab Emirates and the domestic market for the supply of CNG gas cylinder worth Rs 25 crore. It has also received a purchase order worth Rs 7 crore from Reliance Petroleum for supply of fire extinguishing systems for its refinery.
The company’s plant at Himachal Pradesh has started operations for manufacturing fire protection equipments.
The company has also incorporated a wholly owned subsidiary - Nitin Ventures in Jebel Ali free zone in UAE, which will be involved in various business activities and will help the company expand its activities in the Middle East.
The company has also received a letter of intent from Bangladesh, United Arab Emirates and the domestic market for the supply of CNG gas cylinder worth Rs 25 crore. It has also received a purchase order worth Rs 7 crore from Reliance Petroleum for supply of fire extinguishing systems for its refinery.
The company’s plant at Himachal Pradesh has started operations for manufacturing fire protection equipments.
The company has also incorporated a wholly owned subsidiary - Nitin Ventures in Jebel Ali free zone in UAE, which will be involved in various business activities and will help the company expand its activities in the Middle East.
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