Rajputana Biodiesel Limited — New Orders, 18-04-2025: Bagging/Receiving of orders/contracts
Rajputana Biodiesel Limited has secured a Letter of Intent from Indian Oil Corporation Limited (IOCL) for the supply of 2,119 KL of biodiesel, valued at approximately Rs. 18 Crores, for the period of April to July 2025. This follows a recent tender by IOCL inviting bids for a total of 2,00,000 KL of biodiesel. Additionally, Letters of Intent for the remaining bid volumes are expected soon, as Rajputana's subsidiary, Nirvaanraj Energy Private Limited, awaits details for a biodiesel supply contract with Bharat Petroleum Corporation Limited (BPCL). This development is a positive indication of growth potential and operational expansion for the company. Investors should watch closely for further updates, particularly regarding the remaining orders.
