Qualitek Labs Limited disclosed that its wholly owned subsidiary, Interstellar Testing Centre Private Limited, has received two work orders from Indian Oil Corporation Limited (IOCL).
Contract Details
First Work Order:
- Nature: Lab operation & Management Contract of the 2G Ethanol QC Laboratory
- Contract Value: ₹3,01,50,000 (Rupees Three Crore and One Lac Fifty Thousand Only), inclusive of GST
- Duration: 24 months from the date of handing over of the site
- Site Handover: To occur within 15 days from the date of issuance of the GeM Contract
Second Work Order:
- Nature: Testing of Water/Wastewater, Ethanol, Process Chemicals
- Contract Value: ₹75,40,200 (Rupees Seventy Five Lacs Forty Thousand Two Hundred Only), inclusive of GST
- Duration: 24 months from 2nd July 2026
Additional Information
- The contracts were awarded by a domestic entity (Indian Oil Corporation Limited)
- No promoter/promoter group/group companies have any interest in the entity that awarded the orders
- The orders do not fall within related party transactions
- The information will be available on the company's website at https://www.qualiteklab.com/compliances/