July 30, 2007

To
The Manager (CSD)
Bombay Stock Exchange Limited
Dalal Street
Mumbai

Dear Sir

Pursuant to Clause No. 36 of the Listing Agreement, we are pleased to inform that Company has received a Letter of Acceptance of Rs. 378.50 Crores for design, engineering, supply, civil and structural work, erection and commissioning of Mechanical Handling Equipment for Mejia Thermal Power Station Phase – II (2x500 MW) Coal Handling Plant from Damodar Valley Corporation.

It is submitted for your record.

For Elecon Engineering Company Limited

Nayan Adhyaru
Company Secretary