Business EconomyPosted at: Oct 9 2023 11:50PM

GOCL secures Rs.766 Cr Order from Coal India

Hyderabad, Oct 9 (UNI) IDL Explosives Limited (IDLEL), a wholly-owned subsidiary of GOCL Corporation Limited (GOCL), and a leading energetics, explosives and mining services company, on Monday announced it has bagged largest ever order from Coal India Limited (CIL) for the supply of bulk explosives.
The order, worth Rs.766 crore will be executed over a period of two years, from October 2023 to October 2025, the company said in a release here
This order represents a remarkable milestone for GOCL, marking the largest single order in the company's history.
Notably, this new order signifies a substantial 58% increase in quantity compared to the previous order, resulting in significantly enhanced asset capacity utilization.
The company manufactures a full range of packed and bulk explosives specially engineered for mining and infrastructure projects. With its cutting edge products, the company serves its clients both in national and international markets such as East and West Africa, middle east, east Asia, Europe and South America.
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Tags: #GOCL secures Rs.766 Cr Order from Coal India

GOCL secures Rs.766 Cr Order from Coal India

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