McNally Bharat wins Rs 245 cr contract from SAIL

McNally Bharat Engineering Company today said it has bagged an order worth Rs 245.42 crore from Steel Authority of India Ltd for infrastructure related works at Rourkela steel plant.

The contract is for inter-plant transportation facilities at Rourkela steel plant, McNally Bharat said in a filing to Bombay Stock Exchange (BSE).

The scope of work includes design, engineering and erection of transportation facilities at Rourkela plant, the filing said.

The contractual period of completion is 22 months, it added.

Shares of McNally Bharat were trading at Rs 281.40 on BSE, up 0.57 per cent from its previous close.