Brief: Southern Online Bio Technologies gets orders for supply of bio diesel

Solana Biofuels

04/07/2016 12:54

July 4 (Reuters) - Southern Online Bio Technologies Ltd  SOBT.BO : 
 * Got order for supply of bio diesel (B-100) from Andhra Pradesh State 
   Road Transport Corp; order valued at 799.9 million rupees p.a. 
 * Also got order from Telangana State Road Transport Corp for supply of bio 
   diesel; value of order is 232 million rupees 
 
 * Source text: 
Southern Online Bio Technologies Ltd has informed BSE that the Company has received an order for supply of 14,544 Kilo Liters of Bio Diesel (B-100) towards annual requirement for 10% blend from Andhra Pradesh State Road Transport Corporation for its 76 Depots. The value of the order is Rs. 79,99,20,000/- Per Annum which is likely to continue for a period of three years. 
 
The Company has also received an order from Telangana State Road Transport Corporation (TSRTC) for supply of 4641.71 Kilo Litre of Bio Diesel for its 35 Depots for a period of six months. The value of the order is Rs.23;20,38,832/- for six months and extendable for further period of one year. 
 
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