Indobell Insulations Secures Rs 12.8 Million Order from BHEL

26 Apr 2025 CW Team

Indobell Insulations surged 4.39 per cent to Rs 129.70 after bagging an order worth Rs 12.8 Mn from Bharat Heavy Electricals Limited (BHEL) for the supply and application of thermal insulation for a TIP project. The order is scheduled for completion by 8 November 2027.

The company clarified that its promoters, promoter group, and associated entities have no interest in BHEL, the awarding entity.

Indobell Insulations specialises in the manufacturing and installation of insulation products, primarily catering to the power industry. Its offerings include mineral wool, ceramic wool, prefabricated jackets, and related materials. The company also provides services such as scaffolding, fire protection, and lining, covering residential, commercial, and industrial sectors.

Bharat Heavy Electricals Limited (BHEL), a Navratna Public Sector Undertaking (PSU), is India's largest engineering and manufacturing enterprise operating in the energy and infrastructure sectors. Globally recognised as a leading power equipment manufacturer, BHEL had 63.17 per cent of its shares held by the Government of India as of 31 March 2025.

Source: Capital Market - Live News

Building Material

08 Sep 2025

India Must Curb Imports to Shield Aluminium Sector: ALEMAI

The Aluminium Extrusion Manufacturers Association of India (ALEMAI) has urged the government to revise import duties, review free trade agreements (FTAs), and implement policies that encourage domestic consumption in order to mitigate the impact of increased US tariffs on aluminium imports.Speaking at the curtain raiser event of ALUMEX India 2025, India’s first dedicated aluminium extrusion exhibition, ALEMAI President Jitendra Chopra stated that although the industry has an installed capacity of three million tonnes per annum, only 1.2 million tonnes are currently utilised. In contrast, imp..

Push Renewed for Ganjam Greenfield Airport Project

The long-standing demand for a Greenfield Airport in Ganjam district, Odisha, has regained momentum as local residents and leaders renew calls for swift action from both the state and central governments. Despite prolonged discussions over the years, a final decision on a suitable location is yet to be taken.The urgency intensified after the central government identified land for a greenfield airport just 30 km away, at Baruva in neighbouring Andhra Pradesh. In response, Odisha’s Transport Minister has urged authorities to establish a similar facility at Subani village, located close to the ..

AAI Proposes Private Aviation Terminal at Pune Airport

The Airports Authority of India (AAI) has proposed the development of a dedicated general aviation terminal at Pune International Airport, exclusively for private helicopters and chartered aircraft. The proposal forms part of a larger 300-acre airport expansion project, estimated at Rs 30 billion, aimed at easing congestion and streamlining passenger movement at one of India’s fastest-growing aviation hubs.Currently, non-scheduled operators must share space with commercial airlines, leading to delays and operational bottlenecks. The proposed terminal seeks to resolve these issues by providin..