Deals3 Nov 2025, 06:53 pm
Tolins Tyres Secures IRT Rate Contract for Supply to Tamil Nadu State Transport Undertakings
AI Summary
Tolins Tyres Limited has been selected as one of the successful evaluated firms under a Rate Contract issued by The Institute of Road Transport (IRT) for the supply of tyre retreading materials to all State Transport Undertakings (STUs) in Tamil Nadu. The contract is effective for six months from October 31, 2025, or until the finalization of the next tender, whichever is later. The contract is expected to generate revenues of Rs. 40-50 crores.
Key Highlights
- Contracting Authority: The Institute of Road Transport (IRT)
- Customer: All eight State Transport Undertakings (STUs) in Tamil Nadu
- Scope: Rate Contract for supply of tyre retreading materials (three materials)
- Tenure: Six months from October 31, 2025, or until the next tender is finalized, whichever is later
- Allocation: Monthly quantities for all three materials across all eight STUs
- Pricing: The basic price, as approved, is fixed for the duration of the contract