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Aarvi Encon Ltd. has bagged a ₹662.2 million order from BPCL, strengthening its presence in India’s energy sector. The deal boosts its revenue pipeline, highlights its engineering and manpower outsourcing expertise, and positions the company to leverage future opportunities in oil, gas, and infrastructure projects.
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Aarvi Encon Ltd., a leading engineering and manpower outsourcing company, has announced a significant business win with an order worth ₹662.2 million (₹66.22 crore) from Bharat Petroleum Corporation Ltd. (BPCL). This contract marks a major milestone in Aarvi’s growth trajectory and strengthens its position in India’s energy and infrastructure sector.
Key Highlights
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Order Value: The ₹662.2 million order reflects BPCL’s confidence in Aarvi’s expertise in providing engineering services and manpower solutions.
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Strategic Partnership: The collaboration with BPCL, one of India’s largest oil and gas companies, enhances Aarvi’s visibility in the energy sector.
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Business Impact: The deal is expected to contribute significantly to Aarvi’s revenue pipeline, supporting its expansion plans and reinforcing its reputation as a trusted outsourcing partner.
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Sectoral Significance: With India’s oil and gas industry witnessing robust demand and modernization, Aarvi’s role in supporting BPCL’s projects highlights the importance of skilled manpower and engineering services in driving operational efficiency.
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Future Outlook: The order positions Aarvi to capitalize on upcoming opportunities in the energy and infrastructure domains, aligning with India’s push for industrial growth.
This development underscores Aarvi Encon’s ability to secure large-scale contracts and contribute meaningfully to India’s energy ecosystem.
Sources: Moneycontrol, Business Standard, Aarvi Encon Corporate Filings
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