Sanmit Infra Ltd Enters Tolling Agreement with IndianOil Total Private Limited for Bituminous Products Manufacturing
Sanmit Infra Ltd has entered into a Tolling Agreement with IndianOil Total Private Limited, a 50:50 joint venture between Indian Oil Corporation and TotalEnergies, for the manufacturing and handling of Bituminous Emulsion and Bituminous Ready Mix Products. This partnership is expected to significantly boost Sanmit Infra's credibility, open doors to large-scale business, and strengthen its presence in the national supply chain of bituminous products. The agreement will commence on 30-06-2025. Sanmit Infra will undertake specialized production, quality control, and supply chain support for the products, which are widely used in road construction and maintenance projects. This collaboration is expected to provide industry recognition, business growth, and long-term strategic value to Sanmit Infra.
Key Highlights
- Sanmit Infra Ltd enters into a Tolling Agreement with IndianOil Total Private Limited
- Agreement for manufacturing and handling of Bituminous Emulsion and Bituminous Ready Mix Products
- Partnership with a JV of two global energy leaders to elevate credibility
- Enhanced revenue potential with increased operational volume and association with national infrastructure projects
- Establishing a successful track record with IndianOil Total opens up avenues for deeper engagement and future project collaborations