Man Industries (India) has received new orders worth approx. Rs800 crores from Middle East and domestic customers for supply of large dia meter pipes for Oil and Gas sector. Out of this, company has received confirmed financial arrangements for partial quantity and for remaining quantity the financial arrangements will be made by the client in due course of time as the execution progresses.
With these new orders, the outstanding order book stands at approximately Rs1800 crores. The orders are to be executed over a period of next 12-15 months.
The also has outstanding bids of over Rs4000 crores at various stages of evaluation for several other Oil, Gas and Water projects in India and abroad.
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With these new orders, the outstanding order book stands at approximately Rs1800 crores. The orders are to be executed over a period of next 12-15 months.
The also has outstanding bids of over Rs4000 crores at various stages of evaluation for several other Oil, Gas and Water projects in India and abroad.
....more info