McNally Bharat bags Oman contract
McNally Bharat Engineering Co?s 50:50 SPV with Oman?s EMC Group has bagged a $315 million (around Rs 2,048 crore) contract from Sohar Bitumen LLC for its bitumen refinery. The share of McNally Bharat in the order shall be $157 million. The delivery period of the project is 24 months from the date of receipt of advance from the customer.