Economy & Market
Petron Engineering bags LOI worth Rs 50 crore from Shree Cement
Petron Engineering Construction has received Letters of Intent (LOIs) from Shree Cement for civil work at its cement plants at Aurangabad, Bihar and at Gulbarga, Karnataka for a total contract value of Rs 50 crore.
The scope of work is civil work, reinforcement & MS steel work for plant building & silo and miscellaneous work at Aurangabad, Bihar and plant building & silos, i.e., stacker and re-claimer, crusher, VRM - II and miscellaneous work at Gulbarga, Karnataka.
Petron Engineering Construction is a construction and engineering company. It has a valuable and rich experience in the fields of refinery (reformers and crackers), power and cement plants, petrochemical and fertilizer plants; insulation and refractory and fabrication works, along with electrical and instrumentation works.