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“…it is hereby informed that the Company has obtained order amounted to Rs 81.47 crore (with GST) from BPCL for CGD Project on Pan India basis,” Surya Roshni said in a regulatory filing.
The order pertains to the supply of API SL PSL2 LPE-coated line pipes ranging from 4-inch to 16-inch diameter. The execution of the order is expected to be completed within 16 weeks.
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Last year in November, Surya Roshni said it had received orders worth ₹214.68 crore (including GST), comprising two significant contracts. The first, valued at ₹106.01 crore, is from Hindustan Petroleum Corporation Ltd (HPCL) for the supply of API 5L Grade X 3LPE Coated Line Pipes to be used in Rajasthan and Jharkhand. The project is slated for completion within 40 weeks.
The second order, worth ₹108.67 crore, was secured from a domestic entity for the supply of Food Grade Epoxy Coated, Spirally Welded HSAW MS Pipes in Madhya Pradesh. This order has a shorter execution timeline of 15 weeks.
“…it is hereby informed that the company has obtained an order amounting to ₹214.68 crore (with GST) including an order of ₹106.01 crore (with GST) from Hindustan Petroleum Corporation for supply of API 5L Gr. X, 3LPE Coated Line Pipes for Rajasthan & Jharkhand and order on ₹108.67 crore (with GST) from Domestic entity for supply of Food Grade Epoxy Coated, Spirally Welded HSA W MS pipes for Madhya Pradesh,” stated a regulatory filing.
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Shares of Surya Roshni Ltd ended at ₹256.15, down by ₹0.40, or 0.16% on the BSE.
