The project is scheduled to be commissioned within six years of signing the power purchase agreement, ensuring its entire output goes to the state utility.
The expansion is expected to be completed by mid-2027, after which the plant will support customers in India and overseas with enhanced volumes of insulation boards.
The contract, valued at ₹24.06 crore, includes the complete scope of supply along with packing, forwarding, insurance and delivery right up to the consignee site in Afghanistan.
He has held leadership positions in business development, client acquisition, deal structuring and policy frameworks, with a focus on strengthening wholesale banking operations.
The consideration will be paid in cash through banking channels, the company said in a regulatory filing.
In its latest quarterly results the company posted a 302.8% jump in consolidated net profit to ₹51.24 crore in Q1 FY26
The company’s Less than Container Load (LCL) business rose 10% from June to 774 cubic meters.
The Winger Plus is powered by a 2.2-litre Dicor diesel engine, delivering 100 hp and 200 Nm of torque.
The decision was approved at the board meeting of PG Technoplast on August 28, 2025.
The scope also includes setting up signalling towers and related infrastructure across the corridor.
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