Hot Pursuit     10-Oct-23
Bhageria Inds spurts on Rs 104-cr project win in Bahrain
Bhageria Industries surged 8.93% to Rs 166.45 after the specialty chemical maker won one turnkey international solar engineering, procurement and construction (EPC) project in APM Terminal, Kingdom of Bahrain worth Rs 104.49 crores.
The project has aggregate capacity of 11.40 MWp and total order value of Rs 104.49 crore (including comprehensive operation & maintenance and water proofing), without taking taxes into account.

With this order wins, Bhageria Industries Limited will gain access to a large market that is full of dynamism, vibrancy and an untapped potential for renewable energy solutions that deliver positive impacts on both Indian and Bahrain Market.

This turnkey contract is for 10 years for this project and is slated for commissioning in next 8 months.

Suresh Bhageria, executive director & chairman of Bhageria Industries stated, “This wins signify the company's entrance into global markets, marking a substantial stride toward realizing their vision of spearheading sustainable energy transitions on a global scale.”

Bhageria Industries is one of the India's leading specialty chemicals manufacturer and exporter company. Its product range covers H-acid, sulphuric acid, vinyl sulphone, gamma-acid and other dye & dyes intermediates.

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