Siemens bag Rs 228 crore orders from Reliance Industries

Tags: News
Siemens Ltd has bagged orders worth Rs 228 crore from Reliance Industries for supplying steam turbine generation units to its Jamnagar refinery in Gujarat.

The orders are for supply of four steam turbine generation units.

"Reliance Industries is in the process of expansion of its J3 petrochemical complex at Jamnagar, Gujarat," Siemens Ltd, a diversified entity, said in a regulatory filing today.

The scope of work includes design, manufacture, supply and commissioning of steam turbine generation units, which would be manufactured at Siemen's Vadodara factory.

Shares of Siemens fell nearly three per cent to close at Rs 855.70 on the BSE.

EDITORIAL OF THE DAY

  • Profit motive, not arbitrary pricing, should be guiding principle for the railways

    The freight hike for coal by the railways raises a serious question about the government’s penchant for price manipulation and administered pricing

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Susan Visvanathan

A world that is constantly at war

THE 19th century posed specific problems to theorists about how ...

Jemima Raman

Things one learns on a potter's wheel

As things go, watching a shape emerge from a blob ...

Shona Adhikari

Masterpieces on the auction block

A rather important auction of 20th century Indian art by ...