Deals16 Oct 2026, 01:45 pm
Panchmahal Steel receives ₹25.25 Cr BHEL Purchase Order
AI Summary
Panchmahal Steel Ltd has received a significant Purchase Order from Bharat Heavy Electricals Limited (BHEL) – Boiler Auxiliaries Plant, Ranipet, for the supply of SS Wires. This order, valued at INR 25,25,33,820.00 (₹25.25 Crore), follows their earlier intimation of being declared the Lowest Bidder (L1) on the Government e-Marketplace (GeM) Portal. The order is for the supply of SS Wire as per specified technical conditions and will be executed according to the delivery schedule mentioned in the Purchase Order dated October 15, 2026. This marks a substantial business win for the company from a major Government of India undertaking.
Key Highlights
- Received Purchase Order from BHEL for SS Wire supply.
- Order value stands at ₹25.25 Crore.
- Follows earlier declaration as Lowest Bidder (L1).
- Order to be executed as per specified delivery schedule.
- BHEL is a Government of India Undertaking.
Price Impact
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