Memorandum Of Understanding (MOU)
HEC Signs MoU with MSTC Ltd.
Ranchi: Heavy Engineering Corporation Limited (HEC) signed an MoU with MSTC Ltd., a Govt. of India Enterprise on 9th July 2019 to engage MSTC for disposal of all surplus, condemned, scrap and obsolete materials through MSTC’s Auction web site via e-auction route.
The MOU was signed by HEC’s Director (Marketing and Production) Shri Rana S. Chakravarty and MSTC’s Chairman Shri Bam Bahadur Singh in presence of Shri Mridul Kumar Saxena, CMD, HEC.
This agreement will enable HEC to dispose of its waste and surplus material smoothly and generate additional revenue for the company. The e-auction route will provide full transparency in the system and expeditious disposal action.
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