Ducon Infra Bags New Orders For Its USA Subsidiary
Ducon Infratechnologies Limited (Ducon Infratechnologies) announced that its US subsidiary, Ducon Combustion Equipment Inc., (Subsidiary) has received new orders of INR 520 million for two 50 MW packaged cogeneration plants from a major S. Korean EPC company during the month of June 2018. The orders will be delivered in the next two months. The Company had set up the Subsidiary last December to supply packaged boilers, cogeneration plants and heat recovery systems to clients worldwide.
“As a result of our expanded sales and marketing activities over the past several months we are seeing increased activity in our newly formed Subsidiary‘s business,” said Aron Govil, Chairman of the Company. “Our goal here is to have a consistent ongoing business which will supplement our existing growing business in India" continued Mr Govil.
- Bagged By:
- Country:United States
- Value:INR 520 Million
- Published On:2018-07-04