Duncan Engineering Ltd Receives Order from Bharat Petroleum for Refinery Expansion Project
Duncan Engineering Limited has secured a supply order from Bharat Petroleum Corporation Limited, a Government of India undertaking, for its 'Bina Petchem and Refinery Expansion Project'. The contract involves supplying specialized components for the project.The order was awarded to Duncan Engineering on June 24, 2026. The components specified in the order include On-Off Floating Ball Valves, Trunnion Ball Valves, and Triple Offset Butterfly Valves.
Bharat Petroleum Corporation Ltd., a domestic entity, issued the supply order totaling an estimated value of Rs. 5.54 Crore, exclusive of GST.
The transaction details highlight several key aspects of the contract:
| Detail | Information |
|---|---|
| Awarding Entity | Bharat Petroleum Corporation Ltd. (Govt. of India Undertaking) |
| Nature of Order | Supply order for components |
| Order Value | Estimated at Rs. 5.54 Crore (excluding GST) |
| Execution Timeline | Within Eight months from the receipt of the Order |
| Transaction Type | Domestic supply order |
According to the details provided, the awarded order is expected to be executed at negligible margins and is considered a strategic contract for Duncan Engineering Limited. The company confirmed that there are no interests held by its Promoter or Promoter Group Companies in Bharat Petroleum Corporation Ltd., nor does the order fall under related party transactions.
Stock Price Movement
Duncan Engineering Ltd. fell on Wednesday after settling at ₹367.30, registering a decline of 1.79%. The shares traded within an intraday range that stretched from a low of ₹366.05 to a high of ₹374.00.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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