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| Exchange Disseminated Time 15/10/2015 10:00:01 | McNally Bharat Engineering Company Ltd has informed BSE that the Company i.e. McNally Bharat Engineering Company Limited (MBE) in its recently formed 50 : 50 SPV with EMC Group in Muscat, Sultanate of Oman, received a contract for Construction, detailed engineering, construction supervision, mechanical commissioning and supply for a value of US$ 315 million (Rs. 2048 crores approximately) from Sohar Bitumen LLC in Oman for their Bitumen Refinery in Sohar, Muscat, Sultanate of Oman.
The share of MBE in the said order shall be US$ 157 million (Rs. 1024 crores approximately). The delivery period of the project is 24 months from the date of receipt of advance from the customer. |
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