Deals13 Sept 2026, 03:30 pm
Patels Airtemp Secures USD 23.66 Mn Order from Dangote Refinery
AI Summary
Patels Airtemp India Ltd has announced receiving a significant Fixed Price Contract/Order worth USD 23,663,860 (approximately INR 226 Crores) from Dangote Petroleum Refinery and Petrochemicals, Nigeria. This order is for Air Cooled Heat Exchangers and is to be completed within 12 months. The company has confirmed that there are no promoter or group company interests in the awarding entity and the transaction is not a related party transaction. This substantial international order is a positive development for the company.
Key Highlights
- Received international order worth USD 23.66 million (approx. INR 226 Crores).
- Order is for Air Cooled Heat Exchangers from Dangote Refinery, Nigeria.
- Contract duration is 12 months.
- No promoter or group company interest in the awarding entity.
- Transaction is not a related party transaction.
Price Impact
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