GEI bags new orders worth Rs 61 cr from Power and Oil & Gas sectors

GEI Industrial Systems, a leader in heat transfer technology, today announced that the company has bagged orders worth Rs.60.82 crore.

The order from the Oil & Gas sector is worth Rs22.37 crore for Air Cooled Heat Exchanger from Indian Oil Corporation for its Paradip Refinery Project.These would be used for Alkalization, Isomerisation, Sulphur Recovery Unit and Atmospheric Vaccum Unit of Refinery Complex being set up at Paradip by IOCL.

The other orders, with a total value of Rs. 38.45 crore, from the Power sector for Air Cooled Vaccum Steam Condensers is from ThyssenKrupp Industries India Pvt. Ltd., Pune and Cethar Vessels Limited.

About GEI Industrial Systems Limited (BSE code:530743, Bloomberg: GEIN@IN Reuters: GEIH.BO)
GEI Industrial Systems Limited, an ISO 9001-2000 Company with ASME “U” & “R” Stamp is a leader in Heat Transfer Technology. GEI Industrial specializes in design, engineering, manufacturing, installation and commissioning of extended surface heat transfer equipment and systems. The company provides air cooled heat exchangers for crude oil refineries, petrochemical plants and LNG and CNG processing stations and air cooled vacuum steam condensing package for thermal power stations. It has an unbeatable track record in the Oil, Gas and Power sectors with equipments installed in North and South America, Europe, Africa, Asia and Australia.