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Southern Online Bio Technologies secures two orders

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Capital Market

For supply of Bio Diesel

Southern Online Bio Technologies has received an order for supply of 14,544 Kilo Liters of Bio Diesel (B-100) towards annual requirement for 10% blend from Andhra Pradesh State Road Transport Corporation for its 76 Depots. The value of the order is Rs. 79.99 crore Per Annum which is likely to continue for a period of three years.

The Company has also received an order from Telangana State Road Transport Corporation (TSRTC) for supply of 4641.71 Kilo Litre of Bio Diesel for its 35 Depots for a period of six months. The value of the order is Rs. 23.20 crore for six months and extendable for further period of one year.

 

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First Published: Jul 04 2016 | 7:01 PM IST

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