Time Technoplast Ltd has secured approval from the Petroleum and Explosives Safety Organization (PESO) and TÜV Rheinland (India) Pvt. Ltd. for manufacturing High-Pressure Type-3 Fully Wrapped Fibre Reinforced Composite Cylinders. According to the company's regulatory filing on January 01, 2026, this approval was announced pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The newly approved cylinders have a capacity of 2 litres and are designed for compressed gases applications. This fundamental clearance makes Time Technoplast the first company in India to receive such authorization for various high-pressure gas applications.
The core of this development lies in the advanced nature of Type-3 composite cylinders. These cylinders feature a metal liner that is fully wrapped in a strong, lightweight composite material. This construction offers significant advantages over traditional metal cylinders, including reduced weight and enhanced strength, making them ideal for high-pressure gas applications where safety and efficiency are paramount. The 2-litre capacity is particularly suited for portable and specialized applications. The multi-application approval from PESO signifies that these cylinders meet the stringent safety and performance standards required for a wide range of demanding uses, from the burgeoning hydrogen economy to critical healthcare needs and essential industrial processes.
This approval represents a groundbreaking achievement for Time Technoplast Ltd, making it the first company in India to receive approval for various high-pressure gases. As reported by the company, this milestone adds to their existing portfolio of composite cylinder approvals, which already includes Composite Oxygen and Breathing Air (Type-3) Cylinders for 6.8 litres capacity, as well as Composite Hydrogen Cylinders in both Type-3 (6.8 litres) and Type-4 (150 litres) configurations.
According to the company's announcement, the PESO approval provides blanket authorization for the approved cylinders across multiple high-value applications. These include transportation and cascade systems for hydrogen and oxygen, drone and storage systems for hydrogen gas, medical applications including Self-Contained Breathing Apparatus (SCBA) and Medical Oxygen for hospitals, and laboratory and metalworking applications for nitrogen, helium, argon, and carbon dioxide.
This PESO approval represents a pivotal moment for Time Technoplast, significantly enhancing its competitive edge in the rapidly growing advanced composite cylinder market. The development validates the company's technical capabilities and commitment to safety standards while supporting India's efforts toward self-reliance in critical infrastructure components. For India, this strengthens the nation's 'Make in India' initiative, particularly in sectors like hydrogen energy and specialized medical equipment. The approval is expected to drive production growth, potential job creation, and establish a stronger position for Indian manufacturing on the global stage, reducing dependence on imports in these critical technology areas.
