TIMETECHNONSETime Technoplast Limited· Plastic And Plastic ProductsMediumPositive
Announced Sat, 14 Feb · 14:42 IST

Time Technoplast Limited has informed the Exchange about First Trial Order of ₹2.30 Cr (approx.) received for Supply of Type IV Composite Hydrogen Storage Systems for a Public Sector Undertaking (PSU) through an Engineering, Procurement, and Construction (EPC) Contractor

Govt Defence OrderBusiness Updates View source PDF

TIMETECHNO · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Time Technoplast has received its first trial order worth approximately ₹2.30 crore for Type IV Composite Hydrogen Storage Systems. The order is from a Public Sector Undertaking (PSU) and will be executed through an Engineering, Procurement and Construction (EPC) contractor. Type IV composite cylinders are high-pressure hydrogen storage tanks used in clean energy, mobility, and defence-related applications. Being a trial order, it is small in value and intended to test the product's qualification and commercial viability before larger rollouts.

Likely market impact

The order value is too small to materially affect financials, but it signals entry into the emerging hydrogen economy segment through a credible government-backed customer, which could open doors to larger follow-on orders.