GP Petroleums: L1 in 6,000 MT Bitumen Supply Contract from BPCL worth ₹38.13 Cr
GP Petroleums Limited secured L1 status for a 6,000 MT bitumen supply contract and L2 for 1,800 MT from BPCL. The one-year contract, valued at ₹38.13 crore, is for Pipavav Port and can be extended.
The contract value of ₹38.13 crore is a material amount for the company, which is expected to positively impact its revenue and business operations. The duration of one year with a potential extension also adds to its significance.
The company has emerged as the L1 bidder for a significant bitumen supply contract from BPCL, indicating a positive business development and potential revenue generation.
GP Petroleums Limited has announced its emergence as the L1 bidder for sourcing 6,000 MT of Paving Grade Bulk Bitumen VG30 and L2 bidder for 1,800 MT of VG40 Bulk Bitumen, conforming to IS: 73-2013. The award is from Bharat Petroleum Corporation Limited (BPCL) for their Pipavav Port.
The contract is for a period of one year, commencing from January 23, 2026, and concluding on January 22, 2027. BPCL holds the sole discretion to extend the contract period by an additional year.
The broad consideration for this order is ₹38,13,21,720 (Rupees Thirty-Eight Crores Thirteen Lakhs Twenty-One Thousand Seven Hundred and Twenty Only), inclusive of GST. The terms and conditions are as per the tender document issued by BPCL. This is a domestic contract awarded by a domestic entity.
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GP Petroleums Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by GP Petroleums Limited. Read the original for the full detail.