ISGEC Heavy Engineers receive order for 2 Gas Fired Boilers from Public Sector Refinery; Stock jumps 6%

ISGEC informed that the 2 Gas Fired Boilers will supply steam to the whole petrochemical unit in this green field project.

February 24, 2021 11:08 IST India Infoline News Service

ISGEC Heavy Engineers Limited has announced that the company has received order for 2 gas fired boilers.

The Company once again been able to secure a prestigious order for a Steam Generating Island from a reputed public sector refinery in India under competitive bidding.

Isgec further informed that the 2 Gas Fired Boilers will supply steam to the whole petrochemical unit in this green field project.

This order continues Isgec’s track record of being a leading supplier for the Refinery & Petrochemical industry and is one more step in its resolve towards strengthening the ‘Make in India’ initiative of the Govt. of India.

ISGEC Heavy Engineering was currently trading at Rs484.05 apiece up by Rs25.5 or 5.56% from its previous closing of Rs458.55 apiece on the BSE, at around 11:15 AM

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