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Tuesday, March 7, 2006

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News Update as at 18.00 hrs (IST)

Corporate
Maharashtra Seamless bags Rs 327 cr orders

MUMBAI: Maharashtra Seamless Ltd on Tuesday said that the total order book position of the company stands at Rs 327 crore for seamless pipes and Rs 102 crore for ERW Pipes.

Recently the company had bagged orders worth Rs 97 crore for supply of seamless pipes from government and private oil and gas companies such as GAIL India Ltd, Gujarat Gas Company Ltd and from international firms, it informed the Bombay Stock Exchange.

In ERW pipe segment the company has bagged orders of Rs 24 crore from Gujarat Gas Company Ltd, GAIL India Ltd for its Jagoti Pithampur pipeline project, it said.

Also, the company was the lowest bidder for Indraprastha Gas Ltd, Delhi, for its city gas distribution pipeline project and Green Gas Ltd for its city gas distribution pipeline project for Agra and Lucknow. - PTI

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