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Solar Industries India, has won order from Coal India for supply of bulk explosives worth Rs.1,143.63 crore.
The company has won the running contract, for supply of 375412MT bulk explosives to the subsidiaries of the Coal India. The contract will be valid for 2 years from November 1,2017 to October 31, 2019.
The order has been awarded to domestic entity, Solar Industries along with its subsidiary.
Further, Coal India has right to extend or close the contract, and also to increase or decrease the ordered/allocated quantity to the extent of 40%.
