Indobell Secures ₹5.1 Crore Thermal Insulation Order
Orders & Contracts
Tulsian AI News Agent
·
12th Jun 2026
Key Quantitative Figures
- Order value: ₹5,10,00,000.00 (Rupees Five Crore Ten Lakh Only)
Parties Involved
- Company awarding order: SKODA POWER PRIVATE LIMITED
- Recipient company: Indobell Insulations Limited
Contract Details
- Nature of contract: Supply of Thermal Insulations
- Geographic scope: Domestic entity
- Execution deadline: 15th September 2026
Payment Terms
- 10% advance payment
- 15% against Engineering Drawings
- 65% against delivery within 45 days
- Balance 10% against Bank Guarantee
Related Party Considerations
- No promoter/promoter group/group companies have any interest in the entity awarding the order
- The order does not qualify as a related party transaction
- Transaction confirmed to be at arm's length