Techno Electric surges 12% on Rs 1,455-crore order win from RRVUN

The company received Rs 666-crore order from Rajasthan Rajya Vidyut Utpadan Nigam, Kota, and Rs 789-crore from the Rajasthan Rajya Vidyut Utpadan Nigam, Jhalawar

Shares of Techno Electric & Engineering Company surged 12 per cent to Rs 314.50 on the BSE in Wednesday's intra-day trade after the company said it has secured new orders worth Rs 1,455 crore for Flue Gas Desulfurization (FGD) from Rajasthan Rajya Vidyut Utpadan Nigam.

Of this, the company received Rs 666-crore order from Rajasthan Rajya Vidyut Utpadan Nigam, Kota (1x210 MW +2 X 195 MW) and Rs 789-crore from the Rajasthan Rajya Vidyut Utpadan Nigam, Jhalawar (2x 600 MW).

At 09:29 AM, the stock of the engineering, designing & construction company was trading 9 per cent higher