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Vikas Proppant receives export order worth Rs 448.47 crore

26 Nov 2018 Evaluate

Vikas Proppant & Granite has received an export order of 75500 tons 40mesh proppant worth Rs 448.47 crore from TATNEFT, Russian Company, which is sixth largest oil and gas drilling company having its operations worldwide. Proppants would be shipped for their operations in Libya and Algeria.

Besides, the Management has converted the business of the company and entered into a new niche market of Proppants manufacturing which ONGC and other oil and gas drillers are importing currently. The company has planned to manufacture Proppants and mining of granite and fractured debris near Jodhpur.

Vikas Proppant & Granite (Formerly known as Vikas Granaries) is an India-based company, which is engaged in manufacturing and grading of guar gum powder and grading of guar splits and its derivatives.

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