/ RPP Infra And Siemens Win An Order From PGCM ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Wednesday, 19 April 2017

A consortium of Construction and Engineering service provider company, RPP Infra Projects Limited and Siemens Limited has received the order from Power Grid Company of Bangladesh (PGCB).

The consortium had submitted the joint bid to PGCB in respect of design, supply, erection, testing and commissioning of 230 KV and 132 KV substations on turnkey basis.

The orders bagged from PGCB are worth of Rs 97 cr.

This is the significant development for the RPP Infra Projects Limited to execute orders in the international market.

The RPP Infra Projects Limited stock was trading on flat to negative note in the morning hours on Wednesday but after the news of new orders got released, the stock witnessed upward movement and touched its intraday high of Rs 284 per share.

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