Duncan Engineering has secured an order worth ₹5.54 crore from Bharat Petroleum Corporation Limited (BPCL). |
Mumbai: Duncan Engineering Limited announced on Thursday, June 25, 2026, that it has received an order from Bharat Petroleum Corporation Limited (BPCL), a Government of India undertaking. The order, valued at Rs 5.54 crore excluding GST, is for the supply of components for BPCL’s ‘Bina Petchem and Refinery Expansion Project’. Order DetailsThe order, received on Wednesday, June 24, 2026, involves the supply of On-Off Floating Ball Valves, Trunnion Ball Valves, and Triple Offset Butterfly Valves. These components are specified for the Bina refinery expansion. Execution Timeline
The company stated that the order is to be executed within eight months from the date of its receipt. Duncan Engineering will supply the components as per the drawings provided by BPCL.
Commercial ConsiderationsThe total commercial consideration for the contract is estimated at Rs 5.54 crore, excluding Goods and Services Tax. The company indicated that this order is considered strategic in nature. Expected MarginsDuncan Engineering noted that the execution of this order is expected to yield negligible margins. The order is a domestic transaction.Related Party TransactionThe company confirmed that neither its promoter, promoter group, nor group companies have any interest in Bharat Petroleum Corporation Limited. The order does not fall under related party transactions.Disclaimer: This story is based on company exchange filings and is for informational purposes only. Investors should evaluate risks before making decisions.