Elecon Engineering Company Ltd, a manufacturer of material handling equipment and transmission products, has received letter of intent from Tecpro Systems Ltd for the supply of equipment worth Rs 26 crore for a project in Andhra Pradesh.

The order involves design, engineering, manufacture and supply of equipment for Apgenco-Rayalseema Project-914, Prayasvin Patel, Chairman and Managing Director, Elecon Engineering, said in a statement here.

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