Mumbai: Bharat Petroleum Corporation Limited (BPCL) has awarded two work orders with a combined value of more than ₹8.60 crore to Expo Engineering and Projects Ltd., formerly known as Expo Gas Containers Ltd., for tank fabrication and tankage-related works at its Mumbai Refinery and Haldia Coastal Installation.
The orders were awarded in the normal course of business and are domestic contracts. The company has confirmed that the contracts do not fall under related party transactions.
BPCL Awards ₹3.62 Crore Order for Mumbai Refinery
The first work order is related to tank fabrication works for the SAF Project at Mahul Refinery in Mumbai.
Key details of the order include:
- Order value: ₹3,62,47,140, including taxes
- Nature of work: Tank fabrication works
- Project: SAF Project at Mahul Refinery
- Execution period: 10 months from the date of the Purchase Order
The contract will involve fabrication work associated with the refinery’s SAF project.
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₹4.97 Crore Order for Haldia Coastal Installation
The second work order awarded by BPCL is valued at ₹4,97,53,962, including taxes.
The contract covers tankage jobs for enhancing the safety integrity of AG IFR Tank TK-12 at BPCL’s Haldia Coastal Installation.
The key details are:
- Order value: ₹4,97,53,962, including taxes
- Nature of work: Tankage jobs
- Purpose: Enhancing safety integrity of AG IFR Tank TK-12
- Execution period: 8 months from the date of the Letter of Award
Combined Order Value Exceeds ₹8.60 Crore
The two contracts have a combined value of ₹8,59,?. Wait, let’s calculate precisely: ₹3,62,47,140 + ₹4,97,53,962 = ₹8,60,01,102, or approximately ₹8.60 crore including taxes.
Both orders were awarded as part of the companies’ normal business activities and involve domestic entities.
Expo Engineering and Projects Ltd. disclosed the receipt of the orders to the BSE under Regulation 30 of the SEBI Listing Regulations. The company is listed under Scrip Code 526614.
About BPCL
Bharat Petroleum Corporation Limited (BPCL) is a Maharatna public sector undertaking under the Ministry of Petroleum and Natural Gas, Government of India. The company operates across the petroleum and energy value chain, including refining, fuel marketing, distribution and related energy businesses, with major refineries and installations across India.
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