Aarvi Encon Limited has informed the Exchange about Bagging/Receiving of orders/contracts
AARVI · price
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Aarvi Encon Limited has secured a 5-year work contract from Bharat Petroleum Corporation Ltd (BPCL), a major government-owned energy company. The contract is for providing Management, Operation and Maintenance Services at BPCL's Bina Dispatch Terminal (BDT) at Bina Refinery. The order is effective from January 14, 2026 to January 14, 2031, with a total contract value of approximately Rs. 66.22 crores (inclusive of GST). The contract has been awarded by a domestic entity, and there is no related-party interest involved.
This is a significant multi-year order from a prestigious PSU client, providing revenue visibility for the next five years. The win strengthens Aarvi Encon's order book in the energy/O&M segment and could support earnings stability, though the per-year value (around Rs. 13 crores annually) means execution performance will be key for shareholders.