
Award10 Aug 2026, 08:30 pm
Kotyark Industries Secures ₹173.45 Cr Biodiesel Supply Contract
AI Summary
Kotyark Industries Ltd has received an Award of Contract (AOC) for the supply of biodiesel from Oil Marketing Companies (OMCs) including IOCL, BPCL, and HPCL. The total allocation secured by the company amounts to ₹173.45 Crore against a total contract value of ₹1,397.72 Crore. This allocation is for the period June 2026 to August 2026 and includes previously intimated orders worth approximately ₹15.41 Crore. The supply is contingent upon receiving requisite indent/supply orders from the OMCs within the stipulated timeframes and adherence to tender terms.
Key Highlights
- Kotyark Industries awarded biodiesel supply contract worth ₹173.45 Cr.
- Contract is with major OMCs: IOCL, BPCL, and HPCL.
- Supply period is from June 2026 to August 2026.
- Total contract value stands at ₹1,397.72 Cr.
- Order execution subject to LOIs and POs from OMCs.
Price Impact
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