Time Technoplast has secured a significant contract worth ₹87.53 crore from a well-established Public Sector Undertaking (PSU), according to reports from Business Standard. The order has been placed by a joint venture of two Maharatna PSUs for the supply of Type IV Composite CNG Mobile Storage Cascades.
The contract involves deployment across the PSU's CNG and City Gas Distribution (CGD) network, as reported by Business Standard. This infrastructure development is designed to support the expansion of natural gas infrastructure for transport and industrial use in the state, highlighting the growing demand for CNG solutions in the region.
The order represents a substantial win for Time Technoplast in the CNG infrastructure segment, as reported by Business Standard. The involvement of Maharatna PSUs indicates the strategic importance of this project for natural gas distribution expansion in the state, potentially opening doors for future similar contracts in the CGD sector.
