Receipt of Fax of Acceptance of Tender from Bengal Gas Company Limited.
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Rudra Gas Enterprise Ltd has received a Fax of Acceptance of Tender dated 24 January 2026 from Bengal Gas Company Limited, a joint venture of GAIL and GCGSCL. The order is worth Rs. 24.74 crore (including 18% GST) and covers two pipeline laying contracts in the Kolkata region: steel pipeline laying under Kolkata Gas Phase-IV, and laying, testing and commissioning of underground steel pipeline in North and South 24 Parganas districts. Both contracts are on a two-year Annual Rate Contract (ARC) basis. The order is domestic and has no related party involvement.
This Rs. 24.74 crore order from a GAIL-backed JV provides multi-year revenue visibility for Rudra Gas Enterprise and strengthens its order book. Given the relatively small size of the company, this could materially boost near-term revenues, though the stock reaction will depend on the order's size relative to existing business.