IDL Explosives (IDLEL), wholly-owned subsidiary of GOCL Corporation, has bagged an order worth Rs 127.71 crore for supply by IDLEL and also GOCL of Bulk explosives, Cartridge Explosives, Nonel and Detonators for use in blasting at all the Open cast projects and Underground coal mines of the Singareni Collieries Company for a period of 2 years i.e. from 2016 to 2018.
GOCL Corporation is the parent company of Gulf Oil Corporation, which was restructured to carve out a separate listed entity for lubricants.