Agarwal Industrial Corporation has entered into Supply Agreement for Bulk Bitumen -VG30 & VG40, with Bharat Petroleum Corporation (a government of India Enterprise) (BPCL) for the supply of Bulk Bitumen - VG30 & VG40 conforming to IS 73-2013, from Companies Haldia, Karwar, Manglore and Taloja Unit as per the requirement of BPCL.
The initial order period for the agreement is for 1 year and which may be extendable for a further period of 1 year at the discretion of BPCL. Total Deliverable Value is around Rs 303 crore as per the terms & Conditions of the Tender.
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.
