Elecon Engineering Company has acquired an order worth Rs 130 crore from Ramagundam Fertilizers and Chemicals.
The contract is for installing urea bagging and conveying systems at the latter’s complex at Ramagundam, Telangana, Elecon said in a filing to the National Stock Exchange.
The company also recently received orders worth of Rs 45 crore in cement, power, port and coal sectors.
Elecon Engineering Company is one of Asia’s largest gear manufacturing company with vast experience of about five decades and significant business presence in India and abroad.
It designs and manufactures worm gears; parallel shaft and right angle shaft; helical and spiral level helical gears; fluid geared and flexible couplings, as well as planetary gear boxes.
The company also manufactures material handling equipment, mining equipment, casting processes amongst others.
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