Vikas Proppant & Granite completes shipping for proppant aggregating Rs 455 cr

Vikas Proppant & Granite completes shipping for proppant aggregating Rs 455 cr

Mar 11, 2020 12:03 IST capital market

Vikas Proppant & Granite announced that the company will be shipping the entire quantities completing the entire order of 75500 tons ordinary proppant aggregating to approx. Rs 455 crore to Tatneft, Algeria in next 6 months from April 2020 through September 2020.

Following the successful downhole of 3 containers proppants shipped earlier, Tatneft is processing another order for placing 225000 tones for approx. 1350 crore in order to make use of the entire existing production capacity of 3 lakh tons during the financial year 2020-21.

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