McNally Bharat Engineering Bags Rs 278-Crore Order From Coal India Arm

McNally received an order of Rs 278.48 crore from Mahanadi Coalfields.

26 Mar 2021, 09:14 PM IST

A front loader moves coal in Jharkhand, India. (Photographer Prashanth Vishwanathan/Bloomberg)

McNally Bharat Engineering Company Ltd. on Friday said it has bagged a Rs 278-crore order from Coal India Ltd. arm Mahanadi Coalfields.

"McNally Bharat Engineering Co Ltd (lead partner of joint venture) as McNallyAML has received an order of Rs 278.48 crore from Mahanadi Coalfields Ltd," the company said in a filing to BSE.

The order is for pre-engineered turnkey execution for design, supply, erection, commissioning and trial run with operation and maintenance during defect liability period for construction of coal handling plant to transport coal, it added.

Coal India accounts for over 80% of domestic coal output.