MAN Industries bags USD 142.44 mn order from GAIL


Pipe manufacturer MAN Industries said it has bagged USD 142.44 million (around INR 925 crore) order from GAIL (India) Ltd for the supply of line pipes.

“MAN Industries has received a prestigious order for USD 142.44 million from GAIL (India) Ltd for the supply of about 1,16,000 MT of line pipes for its Jagdishpur-Haldia-Bokaro- Dhamra Pipeline Project (JHBDPL), Phase II,” the company said in a BSE filing.

It further said: “With this new order, the outstanding order book as on date stands at approximately INR 2,700 crore to be executed within a period of 9 to 12 months.”

(Source: Moneycontrol)

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