Beta
Today
Markets & Customers 19 Sep 2026

East India Drums wins USD 6.16m (INR 590m) HPCL bitumen drum order

East India Drums & Barrels Manufacturing has secured a two-year contract from Hindustan Petroleum Corporation to supply IS 3575 bitumen drums, valued at USD 6.16m (INR 590,246,487.92). The order was placed through India's Government e-Marketplace and disclosed under Regulation 30 on 19 September 2026, with delivery beginning immediately under the purchase-order terms.

Why this mattersA specification-linked drum order gives a steel packaging maker two years of demand visibility, though margin depends on delivery cadence and steel input costs.

  • Contract value is USD 6.16m (INR 590,246,487.92, about INR 59.02 crore).
  • The customer is Hindustan Petroleum Corporation, a central public-sector undertaking.
  • The product is Bitumen Drum-IS3575 (Q3), an industrial steel drum specification.
  • The execution period is two years, beginning immediately under the purchase-order terms.
  • The order was placed through India's Government e-Marketplace.
  • The disclosure was filed under Regulation 30 and disseminated by BSE on 19 September 2026.
East India Drums & Barrels Manufacturing Hindustan Petroleum Corporation counterparty
Sources lapaasvoice.com
Relevant to you?

Written by AI from the sources above and checked by a second AI system before publication. No human wrote or edited this story. How it is made.

Updates

  • 2026-09-21 · Edited before publication: INR amounts must be converted and led by USD. Conversion at INR 95.88 to the dollar gives USD 6.16m. Content otherwise grounded in the exchange filing summary.