Time Technoplast wins Rs 38.14 crore HPCL order for LPG cylinders

Time Technoplast received a Government e-Marketplace (GeM) contract from Hindustan Petroleum Corporation Limited (HPCL) for supply of 1.40 lakh Type IV Composite LPG Cylinders (10 kg) valued at Rs 38.14 crore.

The order will be executed within six months and strengthens Time Technoplast's leadership in the composite cylinder segment.

HPCL introduced a distribution model through quick-commerce platforms for composite LPG cylinders, enabling on-demand delivery.

Time Technoplast's contract supports the transition towards modern LPG distribution in India with safer, lightweight cylinders.

The order book of Time Technoplast is approximately Rs 195 crore, and the contract is not a related-party transaction.