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Southern Online Bio Technologies receives LoI from Hindustan Petroleum Corpn

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Capital Market
Last Updated : Jul 07 2016 | 11:47 AM IST

To supply Bio Diesel from July to September 2016

Southern Online Bio Technologies announced that the Company has received letter of intent from Hindustan Petroleum Corporation Limited for the supply of 1500 Kilo Liters of Bio Diesel from July to September 2016 to its Secunderabad location in Telangana State.

The said tender is valid upto March 2017 and the order is further extendable for two quarters with an expected order value to be Rs.21.73 crore for March ending 2017.

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First Published: Jul 07 2016 | 11:19 AM IST

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