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Tecpro Systems has announced that it has bagged orders worth Rs 369.30 crore.
Of these, the company has bagged a Rs 162-crore order from Meja Urja Nigam, which is a joint venture between NTPC and Uttar Pradesh Vidyut Utpadan Nigam Ltd.
The order is for the supply of ash handling systems, including inland transportation, insurance, installation, commissioning and conducting guarantee tests, for the Meja thermal power station.
Chennai-based Tecpro Systems is mainly into production and supply of material handling systems. It is one of the key players in the supply of ash and coal handling plants for thermal power projects.
In 2011-12, Tecpro achieved a turnover of Rs 2,530 crore and a net profit of Rs 125 crore. Each share earned Rs 25.75.
On the BSE today, Tecpro Systems share is currently trading at Rs 153.75, up Rs 1.75 over the previous close.
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