Solar Industries India Limited recently informed exchanges that the company has received an order worth ₹887 crores from Singareni Collieries Company Limited. This order, aimed at enhancing mining operations, focuses on the supply of SME explosives, LDC explosives and initiating systems for blasting overburden. The contract is scheduled for execution over a period of two years.
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Key Highlights of the Order
- Order Value: The total value of the contract amounts to ₹887 Crores
- Nature of the Contract: The order entails the supply of critical materials, including SME explosives, LDC explosives, and initiating systems, which are essential for effective blasting operations in mining.
- Domestic Award: This contract is awarded by Singareni Collieries Company Limited
- Execution Timeline: The contract execution is set for two year
