Petron Engineering - Acquisition of PECL

With reference to earlier announcement dated January 10, 2008 regarding acquisition of 52.34% of the Paid-up Share Capital of Petron Engineering Construction Ltd (PECL) by Kazstroyservice, PLC, UK, Petron Engineering Construction Ltd (PECL) has now informed BSE that the Company has received letter dated January 15, 2008 from Kazstroyservice, PLC, UK informing to the Company that Kazstroyservice, PLC has directly / indirectly acquired 52.34% of the Paid-up Share Capital of the Company which has been taken on the record by the Company.

Petron Engineering - Receipt of two Orders from Madras Cements Ltd, Ariyalur, Tamil Nadu

Petron Engineering Construction Ltd has informed that the Company has received following two Orders from M/s. Madras Cements Ltd Ariyalur, Tamil Nadu for:

1. Erection, Testing & Commissioning of Electrical and Instrumentation Equipment for Ariyalur Project valued at Rs 6.00 Crores (Rupees Six Crores only).

2. Supply of Electrical and instrumentation materials for Ariyalur Project valued Rs 3.61 Crores (Rupees Three Crores Sixty One lakhs only).

Petron Engineering bags order from Moser Baer

Petron Engineering Construction Ltd has informed that the Company has received an Order from Moserbaer India Ltd for Supply of Chimney with supporting structure, insulation & cladding and other accessories for 2 x W20V32 project at MBIL SEZ Division for a contract value of Rs 1,35,00,279/-.

Petron Engineering Construction

Petron Engineering Construction Ltd has informed that the Company has received a contract from VEDANTA ALUMINA LTD for Installation of Anode, Grouping & Cleaning System for the ALluminium Smelter Project at Jharsuguda, Orissa for a contact value of Rs 133.20 Lakhs.