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New Contracts

Sical arm receives logistics order from HCL

01/08/2010 09:30:00 AM

Chennai, Jan (EPC News): Sical Logistics Ltd stated that its subsidiary has won Rs163 crore contract from government-owned Hindustan Copper Ltd for the multimodal (port, train, and road) movement of copper concentrates, cathodes, and continuous cast copper wire rods.

The contract has been awarded to Sical Multimodal and Rail Transport Ltd, a wholly owned subsidiary of Sical Infra Assets Ltd, in which Sical Logistics owns 74% stake.

The pact has a term of two years, beginning January 1, and is extendable by one more year, a release from Sical says.

EPC News Bureau