Business Update18 Jul 2026, 04:40 pm
Cranex Ltd Secures ₹10.87 Cr Order for D/G EOT Cranes
AI Summary
Cranex Ltd has announced receiving a Letter of Award (LOA) for a new order valued at approximately ₹10,87,02,270. The order is for the manufacturing and supply of D/G EOT CRANES above 100T. The order has been awarded by BHEL PEM - SUNNI DAM HYDRO ELECTRIC PROJECT and is classified as a domestic contract. The company is expected to execute this order within the agreed timeline, with a completion date of April 12, 2027. This award signifies a significant business development for Cranex Ltd in its core manufacturing segment.
Key Highlights
- Received LOA for new order worth ₹10.87 Cr.
- Order is for manufacturing and supply of D/G EOT CRANES.
- Awarded by domestic entity BHEL PEM - SUNNI DAM HYDRO ELECTRIC PROJECT.
- Execution timeline extends to April 12, 2027.
Price Impact
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