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Tembo Global Industries Ltd. (NSE: TEMBO), a prominent player in the manufacturing and engineering sector, has announced the acquisition of two significant domestic contracts valued at a total of ₹51,82,02,419 (Rupees Fifty-One Crore Eighty-Two Lakhs Two Thousand Four Hundred Nineteen Only). These orders are for the supply of ductile iron (DI) pipes, which will be utilized in large-scale water irrigation projects across the country, further solidifying the company's role in India's infrastructure development.
The first contract is valued at ₹18,55,06,089 (Rupees Eighteen Crore Fifty-Five Lakhs Six Thousand Eighty-Nine Only), while the second order amounts to ₹33,26,96,330 (Rupees Thirty-Three Crore Twenty-Six Lakhs Ninety-Six Thousand Three Hundred Thirty Only). Both contracts have been awarded by a well-regarded domestic organization and are slated for execution within a 12-month timeframe. The orders specifically involve the supply of high-grade DI pipes, essential components for the efficiency and longevity of modern water irrigation systems.
Expressing his enthusiasm about these wins, Mr. Sanjay J. Patel, Managing Director of Tembo Global Industries Ltd., stated, "We are proud to contribute to India's essential irrigation infrastructure through these significant orders. Our manufacturing capabilities, consistent quality, and timely delivery have positioned Tembo as a trusted partner for government and infrastructure-led projects. These contracts are a testament to our continued commitment toward supporting sustainable development and water resource management in the country."
These substantial orders underscore Tembo Global's growing footprint in the infrastructure sector and highlight its expertise in providing critical materials for vital projects aimed at improving water resource management and agricultural productivity across India.
For all enquiries please contact
Mobile:9821464666/09751178830
Mail:marketing@newsonprojects.com
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