Time Technoplast receives LoA for supply of Type IV CNG/CBG mobile storage cascades

Time Technoplast has informed exchanges that the company has received a letter of acceptance for the supply of Type IV CNG/CBG mobile storage cascades with a total basic value of Rs 67.21 crores (approx).

Here are the key details of the contract:

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  • Total Contract Value: Rs 67.21 crores
  • Awarding Entity: A reputed Government owned OMC.
  • Nature of Work: Supply of Product — TYPE IV CNG CASCADES
  • Domestic or International: Domestic
  • Execution Timeframe: Within 10 weeks from the date of purchase order

In the meantime, as of 2:55 pm, Time Technoplast shares were trading 1.41% lower at Rs 400.80 on the NSE.