Supreme Industries has received a repeat order from Bharat Petroleum Corporation Ltd (BPCL) for the supply of approximately 2,00,000 units of 10 KG Composite LPG Cylinders. The total value of the supply is estimated at around Rs. 54 crores. The repeat order contract is valid for 6 months from the date of the Letter of Acceptance (LOA), with a possible extension at BPCL’s discretion.
Repeat Business from Bharat Petroleum
Supreme Industries has announced the receipt of a Letter of Acceptance (LOA) from Bharat Petroleum Corporation Ltd (BPCL) for a repeat order. This order pertains to the supply of Composite LPG Cylinders, building on a previous successful tender.
Details of the Order
The order specifies the supply of approximately 2,00,000 units of 10 Kg Composite LPG Cylinders. This significant volume is valued at approximately Rs. 54 crores, representing a substantial boost to the company’s order book.
Contract Terms
The repeat order contract is set to be valid for an initial period of 6 months from the date of the LOA. There is a provision for a further extension of up to 6 months, subject to the discretion of BPCL.
Nature of the Agreement
The agreement is for the supply of Composite LPG Cylinders, reinforcing Supreme Industries’ role as a key supplier in this sector. The ordering entity is BHARAT PETROLEUM CORPORATION LTD (BPCL), a domestic entity.
Source: BSE
