Agarwal Industrial Corporation has informed that the company has been awarded a prestigious tender by Bharat Petroleum Corporation (BPCL), one of India’s leading Public Sector Undertakings. Under this tender, the Company has been awarded the supply of Bulk Bitumen (VG-30 & VG40 Grades) to Kakinada and Mangalore locations, comprising: Firm Quantity for Kakinada: 32,000 MT; Firm Quantity for Mangalore: 10,800 MT. This aggregates to a total of approximately 42,800 MT, with an estimated value of: Firm Orders for Kakinada: ?166.68 Crores (approx.); Firm Orders for Mangalore: ?51.91 Crores (approx.). Total Estimated Value: ?218.59 Crores (approx., based on current market prices). This significant achievement underlines the Company’s growing presence and reliability in the bitumen supply chain and further strengthens our long-standing relationship with BPCL.
The above information is a part of company’s filings submitted to BSE.