Siemens pockets order worth Rs 608 crore
Submitted by Sadik Al Rumaithi on Wed, 11/11/2009 - 14:53
Siemens Ltd, a subsidiary of Siemens AG Germany has pocketed an order worth Rs 608 crore from Qatar General Electricity & Water Corporation (Kahramaa), Doha.
The scope of work involves complete supply, design, erection, testing and commissioning o f 132kV & 66kV high voltage cables. The contract is scheduled to be completed over a period of two years.
The stock of the company today closed at Rs 529 on BSE. The counter has made 52-week-high of Rs 605 and Rs 186 respectively.
