Agarwal Industrial Corporation has entered into supply agreement with Hindustan Petroleum Corporation (HPCL). The agreement is for the supply of Bulk Bitumen - VG30 & VG40 conforming to IS 73-2013, from the company’s Taloja Unit as per the requirement of HPCL.
The initial order period for the agreement is for one year and which may be extendable for a further period of 1 year at the discretion of HPCL. The total tender value is around Rs 225 crore.
Agarwal Industrial Corporation is principally engaged in the business activities of manufacturing and trading of Petrochemicals (Bitumen and Bituminous Products), Logistics of Bitumen and Liquefied Petroleum Gas (LPG) and energy generation through Wind Mills.
