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Shares of this water management company jumped 4.05 per cent after receiving a contract worth Rs 343.36 crore from IOCL
Shares of this water management company jumped 4.05 per cent after receiving a contract worth Rs 343.36 crore from IOCL

Shares of this water management company jumped 4.05 per cent after receiving a contract worth Rs 343.36 crore from IOCL

The project is to be commissioned within 16 months from the date of the Letter of Acceptance

Tushar Jain Article rating: 4.0

In its exchange filing on December 2, ION Exchange announced that “The Company has been awarded a contract by Indian Oil Corporation Limited (IOCL), for Designing, Engineering, Manufacturing, Supply, Erection, Testing, Pre-commissioning, Commissioning, Performance Guarantee Test Run and Operation & Maintenance for five years of Zero Liquid Discharge plant at Panipat Refinery at a contract value of Rs 343.36 crores including GST.

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