NECCLTD Awarded ₹78.19 Crore Tata Steel Contract for Iron Ore Transportation
North Eastern Carrying Corporation Limited (NECCLTD) has been awarded a two-year contract by Tata Steel Limited for iron ore transportation. The total contract value is ₹78.19 Crores.
The contract value of ₹78.19 Crores over two years is a material development for the company, indicating growth and new business acquisition.
The company has secured a new, significant contract, which is positive for its business outlook.
North Eastern Carrying Corporation Limited (NECCLTD) has secured a significant work contract from Tata Steel Limited. The contract involves the transportation of iron ore from Kalamang to various siding locations and railway stations.
The agreement also includes the deployment of adequate vehicles to ensure the smooth and efficient movement of materials.
This contract is valued at ₹78.19 Crores and has a duration of two (2) years. The disclosure of this award is made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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