Siemens bag Rs 228 crore orders from Reliance Industries
Orders are for supply of four steam turbine generation units
)
Siemens Ltd has bagged orders worth Rs 228 crore from Reliance Industries for supplying steam turbine generation units to its Jamnagar refinery in Gujarat.
The orders are for supply of four steam turbine generation units.
"Reliance Industries is in the process of expansion of its J3 petrochemical complex at Jamnagar, Gujarat," Siemens Ltd, a diversified entity, said in a regulatory filing today.
The scope of work includes design, manufacture, supply and commissioning of steam turbine generation units, which would be manufactured at Siemen's Vadodara factory.
Shares of Siemens fell nearly three per cent to close at Rs 855.70 on the BSE.
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Aug 08 2014 | 6:30 PM IST