Agarwal Industrial Corp Strengthens Order Book with HPCL Tender Win.

Agarwal Industrial Corporation Limited has been awarded a tender by Hindustan Petroleum Corporation Limited (HPCL) for the supply of bulk bitumen, the company said in a regulatory filing.

Under the contract, the company will supply VG-30 and VG-40 grade bitumen aggregating to 1,30,000 metric tonnes at Mumbai and Mangalore locations. The estimated value of the order is around ₹477.50 crore.

The supplies will be executed in accordance with the terms and conditions specified in the tender.

The company said the order strengthens its position in the bitumen supply chain and further reinforces its long-standing relationship with HPCL, one of India’s leading public sector oil marketing companies.

The win is expected to enhance Agarwal Industrial Corporation’s visibility in large-scale infrastructure-linked fuel and materials supply contracts.