
Award20 Jul 2026, 04:00 pm
Cranex Ltd Secures ₹5.16 Cr Order for Crane Refurbishment
AI Summary
Cranex Ltd has announced receiving a Letter of Award (LOA) from NHPC LIMITED for the upgradation and refurbishment of two 190/30/10 MT Electric Overhead Traveling (EOT) Cranes at their Chamera Power Station Stage-I. The total value of this domestic order is approximately ₹5,16,40,000. The company is expected to execute this contract by January 14, 2027. This award signifies new business for Cranex Ltd in the power sector infrastructure maintenance and upgrade segment.
Key Highlights
- Cranex Ltd awarded a new order worth ₹5.16 Cr.
- Order involves upgradation and refurbishment of EOT cranes.
- Client is NHPC LIMITED, a domestic entity.
- Project execution deadline is January 14, 2027.
Price Impact
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