GEI Industrial Systems

GEI Industrial gets orders worth Rs 24.5 crore

GEI Industrial Systems Ltd, a leading player in air-cooled heat
transfer technology, announced that it has pocketed two orders worth Rs
245 million.

The source close to the company said the first
order has been bagged from America headquartered Solar Turbine (a
Caterpillar company), Houston, USA for supply of process gas coolers
and gas coolers for compressor station to be build  by Oman Gas Company
at Nimr in Oman.

While, second contract has been awarded by
HPCL-Mittal Energy for air cooled heat exchangers for 9 MMPTA Guru

GEI Industrial bags order worth Rs 40 crore

GEI Industrial Systems Ltd, a leader in heat transfer technology, has bagged orders worth Rs 40 crore for air cooled steam condensers for power plants, from KSK Group, Dharani Sugars and Chemicals Ltd and OPG Power Generation Pvt. Ltd.  

At 10:01 am, GEI Industrial was quoting at Rs 77, up Rs 1.15, or 2%. The stock touched an intraday high of Rs 80 and an intraday low of Rs 76.

GEI Industrial bags three orders worth Rs 50 crore

GEI Industrial Systems has bagged three orders worth Rs 50 crore for supply of air cooled heat exchangers from Essar Construction India and Indian Oil Corporation.

Essar Construction has placed an order for the refinery expansion project coming up at Vadinar in Gujarat. This is the second order bagged by GEI from Essar Construction. The previous order bagged in March was for Rs 30 crore