New Delhi: ABB India on Wednesday said it has received contracts worth Rs 191 crore from Chittaranjan Locomotive Works and Megha Engineering and Infrastructure.
The company told BSE that under these contracts it has to supply traction equipment to Chittaranjan Locomotive Works and industrial drives to Megha Engineering and Infrastructure.
The company said that these will be built at the Nelamangala plant in Bangalore. It said that Megha Engineering and Infrastructure would be supplied industrial drives worth Rs 68 crore and traction equipment worth Rs 123 crore to Chittaranjan Locomotive Works. The company’s stock fell 0.60 percent to Rs 1,325.95 on the BSE.
