The LOI is for the execution of work previously disclosed on 18th May, 2026, where the company was declared as the L1 Bidder for a tender issued by Sabarmati Gas Limited. The contract value is ₹150,640,474 (Rupees One Hundred Fifty Million Six Hundred Forty Thousand Four Hundred Seventy Four).
Contract Details:
- Awarding Entity: Sabarmati Gas Limited
- Nature of Contract: Laying, Installation, Testing and Commissioning of 4", 6" & 8" Dia. Steel Gas Pipeline for FDODO CNG Station Connectivity
- Contract Type: Domestic
- Time Period for Execution: As per the contract terms
- Promoter/Promoter Group Interest: No interest in the entity that awarded the contract
- Related Party Transaction: Not applicable (NA)