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HEG Advanced Materials’ arm bags orders worth Rs 127.35 crore from Indus Towers

01 Oct 2026 Evaluate

HEG Advanced Materials’ subsidiary -- Replus Engitech has received orders from Indus Towers for the supply of Lithium-Ion Battery Banks. The orders are valued at Rs 127.35 crore inclusive of GST. The said orders are expected to be completed on or before May 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 786.00
HEG Advanced Materi. 239.15
Esab india 5507.35
Ador Welding 1570.40
Diffusion Engineers 464.75
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