Agarwal Industrial Secures ₹218 Crore Order from Bharat Petroleum
Filing Summary
Agarwal Industrial Corporation Ltd has secured a tender from Bharat Petroleum Corporation Limited (BPCL) for the supply of Bulk Bitumen. The contract involves delivering approximately 42,800 metric tonnes of VG-30 and VG-40 grade bitumen to Kakinada and Mangalore. The total estimated value of the order is ₹218.59 crores. The supply period is from January 23, 2026, to January 22, 2027. This order is on a contractual basis and does not involve any related party transactions. Agarwal Industrial continues to expand its presence in the bitumen supply sector.
Agarwal Industrial Corporation Limited has been awarded a tender by Bharat Petroleum Corporation Limited for the supply of Bulk Bitumen. The contract specifies the delivery of approximately 42,800 metric tonnes of VG-30 and VG-40 grade bitumen to the locations of Kakinada and Mangalore.
The firm quantity for Kakinada is 32,000 metric tonnes, valued at approximately ₹166.68 crores. For Mangalore, the firm quantity is 10,800 metric tonnes, with an estimated value of ₹51.91 crores. The total estimated value of the order is approximately ₹218.59 crores, based on current market prices.
The supply period for this contract is set from January 23, 2026, to January 22, 2027. The order is on a contractual basis and has been awarded by a domestic entity. There are no related party transactions involved in this contract, and the promoter or promoter group does not have any interest in BPCL.
Bharat Petroleum Corporation Limited is a leading public sector undertaking in India, engaged in refining, marketing, and distribution of petroleum products. The company plays a significant role in the energy sector and is known for its extensive network and operational capabilities.
Agarwal Industrial Corporation Limited focuses on the supply of bitumen and other industrial products. The company is committed to expanding its presence in the bitumen supply chain and maintaining strong relationships with key industry players. This recent order from BPCL aligns with its strategic priorities in the sector.