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ISGEC Heavy Engineering’s JV Firm Receives Supply Order For Renewable Energy Project in US

ISGEC Heavy Engineering’s JV Firm Receives Supply Order For Renewable Energy Project in US

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The scope of work includes mechanical design, material procurement, fabrication, testing, and supply of equipment.

ISGEC Heavy Engineering Ltd JV firm Isgec Hitachi Zosen has received a prestigious order for the supply of 4 nos. Reactors of Vanadium Modified Low Alloy Steel, for a Renewable Energy project in USA.

The scope of work includes mechanical design, material procurement, fabrication, testing, and supply of equipment.

According to the filing, this is the first order for Isgec Hitachi Zosen India for supplying such Reactors to USA. The renewable energy project, which is under execution, will convert vegetable oils to synthetic transport fuels.

Isgec Hitachi Zosen is a joint venture of lsgec Heavy Engineering Limited (Isgec) & Hitachi Zosen Corporation, Japan (HITZ) located at the port town of Dahej, Gujarat on the west coast of India.

On Wednesday, ISGEC Heavy Engineering ended at Rs854 per piece up by Rs22 or 2.64% on Sensex.

Source: indiainfoline

Anand Gupta Editor - EQ Int'l Media Network