Time Technoplast has received prestigious order from a major Gas Distribution Company, Indraprastha Gas (IGL), a Joint Venture of GAIL, BPCL and Govt. of NCT Delhi, for supply of CNG Cascades (TYPE-IV Composite Cylinders) for a value of around Rs 54 crore.
Besides, due to overwhelming response and existing enhanced capacity (Phase-I completed in FY 2022-23) sold out completely, the Company has undertaken Phase-II expansion plan for increasing the manufacturing capacity by 600 nos. cascades per annum with a total capital outlay of around Rs 125 crore. Subsequent to this expansion, which will be completed by end of FY 2023-24, total manufacturing capacity will be 1080 nos. cascades per annum. Further, under this Phase II expansion, Company is also making provision for manufacturing of Hydrogen Cylinders for seed marketing.
Time Technoplast is engaged in manufacturing a range of manufacturing polymer packaging products. The company manufactures a range of products such as Industrial and Consumer Packaging Solutions, Lifestyle Products, Auto Components, Healthcare Products and Construction / Infrastructure related products.
