HEC to modernize Ranchi facility, outlines Rs750 cr investments

Heavy Engineering Corporation (HEC) has outlined an investment of around Rs750 crore to modernize its Ranchi facility.

Mumbai, India (prHWY.com) February 8, 2013 - Ranchi: Heavy Engineering Corporation (HEC) has outlined an investment of around Rs750 crore to modernize its Ranchi facility. The company will be executing its investment plan over the next four years.

"With effective utilization of these investments, the plants commissioned in 1963 with Russian technologies will be modernized and technologically upgraded," disclosed the company in its official statement.

The company posted a turnover of Rs725 crore during the last fiscal, wherein the current order book status is at Rs1,700 crore. Moreover, HEC is currently executing the supply of special purpose machine tools worth $2 million to Bangladesh Railways.
EPC News Bureau

For more information please contact us at :

303, 3rd Floor, Hilton Centre, Sector - 11, CBD Belapur, Navi Mumbai - 400614
Tel : 91 22 41610808 Fax : 91 22 27577770
Email : marketing@epcworld.in
Website : www.epcworld.in

###

Tag Words: epcworld news

Categories: Construction

Press Release Contact
303, 3rd Floor, Hilton Centre, Sector - 11, CBD Belapur, Navi Mumbai - 400614
Tel : 91 22 41610808 Fax : 91 22 27577770
Email : marketing@epcworld.in
Website : www.epcworld.in

Link To This Press Release:

URL HTML Code