Execution of MOU for suuply of material from VALIMPEX s.r.o & execution of Consultancy agreement with VALIMPEX for its services to Vaplast Technologies Limited.
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Valplast Technologies has signed two commercial agreements with VALIMPEX s.r.o, a Slovakia-based private company, on November 11, 2025. The first is an MoU for the supply of geomembranes and related materials for Valplast's ongoing and upcoming projects, including the Geo-Membrane Lining Work of the NHPC Parbati-III Power Station. The second is a Consultancy Agreement under which VALIMPEX will provide design engineering, technical drawings, supervision, quality control, inspection, and project support services for the same Parbati-III project. The total consultancy fee is €104,688 (excluding taxes), plus reimbursement of travel and accommodation expenses. The company clarified that no equity, share exchange, or JV structure is involved, and the transaction is not a related-party deal.
This brings international technical expertise and a specialised material supply tie-up to support Valplast's execution of a high-profile NHPC hydro project, which could strengthen its credentials in tunnel lining and geomembrane work. For shareholders, it signals active project execution and a partnership with a foreign specialist, though the financial size of the deal is modest and there is no equity or strategic stake involved.