Cranex Ltd Secures ₹12.88 Cr in New Orders
Cranex Limited has announced the receipt of a Letter of Award (LOA) and Purchase Orders (PO) totaling approximately ₹12.88 Crores from Larsen & Toubro Ltd and Godawari Power & Ispat Limited. The orders are for the manufacturing and supply of various EOT Cranes. The order from Larsen & Toubro Ltd is valued at ₹7.95 Crores for two EOT Cranes for the Torrent Anuppur project, while the order from Godawari Power & Ispat Limited is for an EOT Crane with a Grabe Bucket, valued at ₹4.93 Crores. Cranex highlighted that these orders reflect customer confidence in their capabilities and will strengthen their order book, supporting business growth. The company plans to execute these orders efficiently and on time.
Key Highlights
- Secured new orders worth ₹12.88 Crores from L&T and Godawari Power.
- Orders include EOT Cranes for Torrent Anuppur project and a Grabe Bucket EOT Crane.
- Strengthens order book and supports company's business growth.
- Reflects strong customer confidence in Cranex's capabilities.
Price Impact
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