JNK India Limited — Important, 06-02-2025: Agreements
06-02-2025 | 12:50 pm
06-02-2025 | 12:50 pm
JNK India Limited has received a significant order from JNK Global Co. Ltd., Korea, for various engineering, procurement, and fabrication services tied to the Pengerang Biorefinery project in Malaysia. The order involves responsibilities including supply and transportation to the FOB (Mundra Port, India) and assistance with erection, commissioning, and performance tests for several heating units. Delivery is scheduled for April 09, 2026. Notably, JNK Global is one of the promoters of JNK India, and the agreement is conducted at arm's length in the normal course of business. This development may bolster JNK India's operational outlook and positions it favorably within the biorefinery market, warranting investor attention.
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