BMW Industries Limited, a prominent player in the steel manufacturing sector, has announced the receipt of two significant long-term work orders. These contracts reinforce the company’s operational footprint and highlight its robust business relationships.
The first work order pertains to the company’s NH6 unit for tubes manufacturing and associated services. This renewed contract extends the existing arrangement and will remain valid until October 31, 2027. The total contract value for this period is estimated to be ₹188.61 crores (Rupees one hundred eighty-eight crores and sixty-one lakhs).
In addition, BMW Iron & Steel Industries Limited, a wholly-owned subsidiary of BMW Industries, has also secured a renewed work order for its Adityapur unit. This contract, focusing on tubes manufacturing and associated services, is likewise valid until October 31, 2027, with an estimated value of ₹176.09 crores (Rupees one hundred seventy-six crores and nine lakhs).
Key Highlights:
- Work Order 1: NH6 unit for tubes manufacturing
- Contract Value: ₹188.61 crores
- Validity: Until October 31, 2027
- Work Order 2: Adityapur unit under BMW Iron & Steel Industries Limited
- Contract Value: ₹176.09 crores
- Validity: Until October 31, 2027
- Total Contract Value: ₹364.7 crores
The cumulative value of these long-term contracts underscores the company’s strong position in the tubes manufacturing segment. BMW Industries continues to focus on leveraging its expertise and infrastructure to deliver high-quality products and services to its clients.
