Siemens, a leading technology enabled solutions provider, has received orders approximately Rs 2.28 billion from Reliance Industries for supply of four SST 600 steam turbogenerator units for its Jamnagar refinery.
Reliance Industries is in the process of expansion of its J3 petrochemical complex at Jamnagar, Gujarat.
The scope of the project includes design, manufacture, supply and commissioning of the steam turbine generation units. The steam turbines will be manufactured at Siemens' Vadodara factory.
Shares of the company declined Rs 17.2, or 1.96%, to trade at Rs 862.30. The total volume of shares traded was 27,232 at the BSE (2.17 p.m., Friday).