Cranex Limited has announced the receipt of a Letter of Award (LOA) for a new order aggregating approximately ₹1,87,44,300/-. This significant contract is for the Goods, Supply, Installation, and Commissioning of a Traverser (Surface Type) – 80 TON. The order was awarded by Eastern Railway and is expected to contribute positively to the company’s revenue and order book.
New Order Awarded
Cranex Limited has secured a new order valued at approximately ₹1,87,44,300/-. The company received a Letter of Award (LOA) for this contract, which involves the Goods, Supply, Installation, and Commissioning of a Traverser (Surface Type) with an 80-ton capacity. This development marks a significant addition to Cranex’s current order book.
Details of the Contract
The order has been awarded by Eastern Railway, C.W.M. Liluah. The scope of work includes manufacturing and supplying the Traverser, along with its installation and commissioning. The order is categorized as domestic, and the products are expected to be delivered within an agreed timeline. The broad consideration for this order is precisely Rs. 1,87,44,300/-. The execution of this order is slated to be completed by May 25, 2027.
Source: BSE
