Rajputana Biodiesel Limited — New Orders, 16-04-2025: Bagging/Receiving of orders/contracts

Rajputana Biodiesel Limited has received Letters of Intent for the supply of 3,543 KL of biodiesel, valued at approximately ₹30 Crores, from Indian Oil Corporation Limited and Hindustan Petroleum Corporation Limited. This supply is scheduled for April to July 2025. The company anticipates additional LOIs for the remaining bid volumes shortly, following pending approvals for biodiesel supply bids to IOCL and BPCL from both Rajputana Biodiesel Limited and its subsidiary, Nirvaanraj Energy Private Limited. This development positions the company to enhance its market presence and revenue stream in the biodiesel sector, indicating a positive outlook for upcoming quarters. Investors should monitor further updates regarding the additional orders, which could present significant growth opportunities.