Shares Bazaar

Cranex bags order worth Rs 3.66 crore

The said order is expected to be completed by February 24, 2027

Cranex has received a prestigious order from BHEL-Bhopal for the manufacture and supply of a 220/80 Ton Double Girder Electric Overhead Travelling (EOT) Crane. Broad consideration or size of the order is Rs 3.66 crore. The said order is expected to be completed by February 24, 2027.  

This order represents a historic milestone for the company, as it is the first time in the company’s 53 year history that it has secured an order for the manufacturing of a crane of such high lifting capacity. The receipt of this order demonstrates the strong confidence of customers in the company’s engineering excellence, manufacturing capabilities, and technological expertise in the heavy-duty crane segment.

This achievement further strengthens the company’s position in the high-capacity industrial crane market and marks a significant step toward expanding its presence in advanced and heavy-duty lifting solutions. 

Cranex is one of the leading crane manufacturers. The company specializes in the design & manufacture of high-tech Cranes for strategic defence installations, nuclear and space installations, besides railways, power plants and other very high-priority Govt. projects.