Petron Engineering Construction Ltd has informed BSE that the Company has received Letter of Intent from SAMSUNG ENGINEERING CO. LTD, for Electrical work of Indian Oil Corporation Ltd MEG Project at Panipat, Haryana for a contract value of Rs 3,30,07,848.00 (Rupees Three Crores Thirty Lakhs Seven Thousand Eight Hundred Forty-Eight Only).
Petron Engineering Construction Ltd has informed BSE that Mr. Pankaj Jain, Director of the Company has resigned from the Board of the Company with immediate effect.
With this, the strength of the Board of Directors has reduced from 5 Directors to 4 Directors.
Petron Engineering Construction Ltd has informed BSE that the Company has received a Letter of Intent from STERLITE INDUSTRIES (I) LTD., for Supply, Fabrication, Testing and Erection of Converter Duct, ; Wet ESP ? Structural & Mechanical Items; Dismantling of Converter/ISA ESP; Evaporator Bundle & Roof Removal and Re-fixing as turnkey package for the copper Smelter Plant at Tuticorin for a total order value of Rs 5,20,00,000/- (Rupees Five Crores Twenty Lakhs Only).