ABG Shipyad + RPG Cables Orders

ABG Shipyard has secured a major order for construction of 12 vessels of approximately 32,000 DWT, for a total price of US $ 360 million (Rs 1460 crore) from Precious Shipping, Thailand, as a part of its ship acquisition programme.

RPG Cables has received an order for supply of PIJF cables from Mahanagar Telephone Nigam (MTNL). The total value of the order is Rs 33.31 crore and this is required to be completed by November, 2007.