United Heat Transfer Limited — New Orders, 12-12-2024: Awarding of order(s)/contract(s)

United Heat Transfer Limited has secured a purchase order from Burckhardt Compression (India) Private Limited for manufacturing parts, including heat exchangers, valued at approximately Rs. 30.72 crore (cr). The order is to be executed at United Heat Transfer's domestic plant within a timeline of 2 to 3 months. Payment terms include an advance of 20% against a corporate guarantee, an additional 20% against submission of unpriced purchase order copies to sub-vendors, and the remaining 60% plus applicable taxes due within 30 days of dispatch. This order represents a significant development, enhancing the company’s production capacity and providing a positive outlook toward future operational performance. Investors may see this as a growth opportunity, particularly given the domestic focus of the project.