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HEG Advanced Materials’ arm bags orders worth Rs 217.56 crore from Indus Towers

18 Sep 2026 Evaluate

HEG Advanced Materials’ subsidiary -- Replus Engitech has received orders worth Rs 217.56 crore (inclusive of GST) from Indus Towers (formerly Bharti Infratel). The orders are for the supply of Lithium-Ion Battery Banks. The orders are to be executed on or before March 31, 2027 or such extended date as may be mutually agreed upon between the parties.

HEG Advanced Materials (formerly known as HEG) is a leading manufacturer and exporter of graphite electrodes in India and operates world's largest single-site integrated graphite electrodes plant.

Peers
Company Name CMP
Graphite India 827.85
HEG Advanced Materi. 238.55
Esab india 5611.35
Ador Welding 1591.30
Diffusion Engineers 444.90
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