Deals12 Mar 2024, 11:03 pm
Qualitek Labs Receives INR 11.25 Billion Work Orders for Coal Dispatch and Automobile & Defence Segments
AI Summary
Qualitek Labs Limited has announced the receipt of work orders worth INR 11.25 billion approximately. The primary work order, worth INR 10 billion per annum, is for three and a half years to provide sampling and quality certification services for coal dispatch at various mines. An additional work order for INR 325 million is for its Automobile and Defence segments as a regular order. The validity and potential increase or decrease of these work orders will depend on production and consumption.
Key Highlights
- Received work orders worth INR 11.25 billion approximately
- Work order for coal dispatch with a value of INR 10 billion per annum
- Validity of the coal dispatch work order is three and a half years
- Received an additional INR 325 million work order for the Automobile and Defence segments
- Total work orders may increase or decrease based on production and consumption