Elecon Engineering Company Limited received a Letter of Intent for awarding a contract of INR 827.8 million (excluding GST) from Arcelormittal Nippon Steel India Limited, 27th KM Surat Hazira Road, Hazira, Surat- 394 270, Gujarat, India for Manufacturing and supply of Belt Conveyor Mechanical Equipment and Technological Structure for MH SYSTEMCOBP#I&2 BF#1at its Hazira Plant, Surat, Gujarat. Time period by which the order(s)/contract s) is to be executed Approx. 10 Months.