Agarwal Industrial secures significant bitumen supply order from Indian Oil

Agarwal Industrial Corporation Limited has secured a prestigious tender from Indian Oil Corporation Limited (IOCL). The order is for the supply of Bulk Bitumen (VG-30 & VG-40 Grades) to Kakinada locations.

The tender comprises a firm quantity of approximately 60,500 MT across 11 parcels, valued at ₹213.56 Crores, and an optional quantity of approximately 33,000 MT across 6 parcels, valued at ₹116.50 Crores. This brings the total aggregate supply to approximately 93,500 MT, with a total estimated value of ₹330.05 Crores.

This achievement highlights the company's growing presence and reliability in the bitumen supply chain, further strengthening its long-standing relationship with IOCL. The supplies will be executed according to the terms and conditions of the respective tenders.