Business Update16 Sept 2026, 11:51 am
BMW Ventures Secures ₹72.94 Cr Order from Tata Projects
AI Summary
BMW Ventures Ltd has announced securing two purchase orders totaling ₹72,93,60,950 (inclusive of all taxes) from Tata Projects Limited. The order is for the supply of TMT Steel FE-550D Grade for the 3X800MW USCTPP-ADANI Project. The company will receive 100% advance payment with GST. The order is to be executed and delivered within 8 weeks from the date of the Purchase Order. This significant order falls under the 'Business Update' category as it pertains to a new contract award.
Key Highlights
- BMW Ventures awarded two orders worth ₹72.94 Cr.
- Order is for TMT Steel supply to Adani Project via Tata Projects.
- 100% advance payment with GST to be received.
- Execution and delivery within 8 weeks.
- No promoter or group company interest in the awarding entity.
Price Impact
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