Gandhar Oil Refinery (India) Limited has been awarded a Rate Contract/Framework Agreement from Bharat Heavy Electricals Limited (BHEL), Jhansi, for the supply of Transformer Oil over a period of two years. The contract is valued at ₹24.60 Crores.
The details of the order are as follows:
| Particulars | Details |
|---|---|
| Name of the entity awarding the Order(s)/Contract(s) | Bharat Heavy Electricals Limited (BHEL) Jhansi |
| Scope | Supply of Transformer Oil |
| Commencement Period / Tenure/Completion | Two years |
| Prices | Firm Basis throughout the time of Contract |
| Nature of Order(s)/Contract(s) | Supply of Transformer Oil |
| Whether Domestic or International | Domestic |
| Time Period if any associated with the Order(s)/Contract(s) | Two Years |
| Consideration or size of the Order(s)/Contract(s) | ₹24.60 Crores |
| Whether the promoter/promoter group Companies have any interest in that entity from whom the Order(s)/Contract(s) is awarded? If any nature of interest and details thereof. | No |
| Whether the same would fall within related party transactions? If yes Whether the same is done at "arm's length" | No |
The disclosure is made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as per SEBI Circular No SEBI/HO/CFD-poD1/P/CIR/2023/123 dated July 13, 2023.
You are requested to take note of the same.
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