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

ACME Solar wins 301 MW/1,204 MWh assured peak supply project in SECI FDRE-VII

India Energy Stack (IES) taskforce releases Version 0.3 strategy, architecture documents

Serentica wins 600 MW in SECI’s FDRE VII assured peak tender, bags largest allocation

OALP-X bid deadline extended for fourth time to May 29

Suzlon Energy posts strong Q3 FY26 profit growth as deliveries, revenues and margins improve