NECC bags Rs 52 crore order from GAIL for transportation of polymer Energy Watch
Oil & Gas

NECC bags Rs 52 crore order from GAIL for transportation of polymer

NECC has secured an order worth Rs 52.48 crore from state-owned GAIL (India) Limited for the transportation of polymer

PTI

New Delhi: Logistics company North Eastern Carrying Corporation Limited (NECC) has secured an order worth Rs 52.48 crore from state-owned GAIL (India) Limited for the transportation of polymer. The contract has to be executed over a period of three years, NECC said in a regulatory filing on Thursday. The company has bagged the order through a bidding process to transport polymer.

"We have got the Letter of Acceptance from the top central public sector undertaking GAIL (India) Limited for transport of polymer under a contract value of Rs 52.48 crores for a period of 3 years," the filing said.

Also read:Dhamra LNG terminal built entirely on promoter finance; no financial commitment from IOC, GAIL: Sources

New Delhi-based NECC is among the leading freight forwarding companies in India, providing services in neighboring Bhutan and Nepal as well. Under the Ministry of Petroleum and Natural Gas, GAIL (India) Limited is India's leading natural gas company.

Also Read

Govt exempts pilot underground coal gasification projects from environmental clearance

Inox Solar signs pact with LONGi to supply up to 5 GW of modules for Indian market

Govt issues draft guidelines for underground coal gasification mining and closure plans

Serentica Renewables appoints Anil Kumar Singh as Director (Operations)

REI & TBSI 2025 to bring together renewable & storage industries on Oct 31