Indobell Insulations Secures Export Order Worth USD 82,170 from GE Vernova Operations
Indobell Insulations Limited has secured an export contract for Steam Turbine Insulation - Blanket Thermal, valued at USD 82,170. The order was awarded by GE Vernova Operations LLC in the United States.The international order pertains to the supply of Steam Turbine Insulation Blanket Thermal. In terms of commercial execution, the contracted goods will be delivered under the FCA Supplier Factory Incoterm. The payment terms stipulated for the contract are Net 150 Monthly, with the currency set at USD.
The contract specifies an execution timeline, setting the required completion date as October 8, 2027.
Key details regarding the order include:
| Particulars | Details |
|---|---|
| Client | GE Vernova Operations LLC, Cambridge, USA |
| Product Nature | Steam Turbine Insulation Blanket Thermal |
| Order Size | USD 82,170 |
| Transaction Type | International Export |
| Delivery Term | FCA Supplier Factory |
The company confirmed that the entity awarding the order is an export market and that there is no interest of the promoter or promoter group in the client. Furthermore, the transaction will not fall under related party transactions.
Stock Price Movement
Indobell Insulations Ltd settled at ₹48.30 on Friday, climbing 5.00% in post-market trading. The shares experienced movement between a high of ₹48.30 and a low of ₹44.75 during the trading session.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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