North Eastern Carrying Corp to move GAIL

Transport and logistics company North Eastern Carrying Corporation Ltd (NECC) has bagged an order from the state-run Gas Authority of India (GAIL India Ltd). The company said in a regulatory filing that the order is worth Rs 52.48 crores. “We hereby inform you that we have got the letter of Acceptance from the Top Central Public Sector Undertaking under the Ministry of Petroleum and Natural Gas, Government of India, GAIL (India) Limited for transportation of polymer under a contract value of Rs. 52.48 crores for a period of 3 years,” the company said.