
Business Update25 Sept 2026, 02:24 pm
Ellenbarrie Industrial Gases Commissions 325 TPD ASU Plant
AI Summary
Ellenbarrie Industrial Gases Limited has announced the successful commissioning of its 325 Tons per day (TPD) Air Separation Unit (ASU) at Jai Balaji Industries Limited's manufacturing facility in Durgapur, West Bengal. This marks the commencement of operations under a 15-year onsite industrial gas supply agreement signed on February 14, 2025. Revenues are expected to begin from September 2026. The agreement features a take-or-pay structure, providing long-term recurring revenue visibility and strengthening the company's presence in Eastern India.
Key Highlights
- Commissioned 325 TPD Air Separation Unit (ASU) at Jai Balaji Industries.
- Commencement of operations under a 15-year onsite agreement.
- Revenues to commence from September 2026.
- Agreement provides long-term recurring revenue visibility.
- Strengthens company's presence in Eastern India.
Price Impact
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