Elecon Engineering Co has signed a
technical contract agreement with Renk AG, Germany, for a vertical roller mill (VRM)
drive gearboxes.
The German firm will provide technical
expertise to design and manufacture two stages bevel planetary type gearboxes
for VRMs used in the cement and coal mills.
Elecon recently also signed a
memorandum of understanding (MoU) with the Gujarat government to invest around
Rs.400 crore in projects across the region. As per the MoU, Elecon would
manufacture windmill gearboxes, set up wind farms and fabrication of various
kinds of blocks for shipbuilding.