Artson receives Rs 15-cr LoI from TKIL Industries
Mumbai, July 17 -- The contract involves the design, supply, fabrication, painting and transportation of structures, including transfer towers (TT), conveyor galleries and trestles, for JSW Jaigarh Port. The order is on a unit-rate basis (per metric tonne) and is scheduled to be executed within six months.
The company said the contract does not constitute a related-party transaction. It also clarified that neither its promoters nor members of the promoter group have any interest in the award of the contract.
Artson, formerly known as Artson Engineering, is engaged in design, engineering, procurement and construction (EPC) services for the oil, gas and hydrocarbon processing industry. The company specializes in tankages, piping and other...
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