Deals29 May 2025, 08:07 pm
Gloster Ltd Subsidiary Enters Agreement with Salasar Techno Engineering for Rs. 1,153.15 Cr Contract
AI Summary
Fort Gloster Industries Limited, a Wholly Owned Subsidiary of Gloster Ltd, has entered into an agreement with Salasar Techno Engineering Limited for the supply of Power Cables, Conductors, and other electrical components, as well as installation services. The total contract value amounts to Rs. 1,153.15 crore (excluding GST), with purchase orders worth Rs. 835.71 crore and work orders valued at Rs. 317.44 crore.
Key Highlights
- Gloster Ltd's subsidiary, Fort Gloster Industries Limited, signs agreement with Salasar Techno Engineering Limited
- Contract includes supply of Power Cables, Conductors, and other electrical components
- Additionally, contract includes installation services
- Purchase orders amount to Rs. 835.71 crore, work orders valued at Rs. 317.44 crore
- Aggregate contract value stands at Rs. 1,153.15 crore (excluding GST)