Jyoti secures order worth Rs 27.24 crore from Araavali Power

Vadodara-based Jyoti Limited has bagged a prestigious turnkey order worth Rs 27.24 crore from Aravali Power Co. Pvt. Ltd. for design, engineering, supply, erection, testing and commissioning of cooling water system and make up water system for Indira Gandhi super thermal power plant - Jhajjar (3x500 MW).

Aravali Power is a joint venture between NTPC, HPGCL and IPGCL. The project is expected to be completed within 30 months from the date of award.

Jyoti, Ltd. engages in manufacturing and marketing electrical and hydraulic engineering equipment in India and internationally. The company has tied up with Hyosung Ebara Co of Korea for design of cooling water pumps.

The shares of the company closed today at Rs 84.25, down 2%, compared with previous close of Rs 86. It touched an intraday high of Rs 88.40 and low of Rs 82.

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