Indobell Insulations Secures USD 185,902 Export Order for Steam Turbine Insulation

1 min read Updated on 04 Mar 2026, 02:10 PM

Reviewed by

Riya DScanX News Team

Overview

Indobell Insulations Limited announced securing an export order worth USD 185,902 from GE Vernova Operations LLC, Cambridge, USA for Steam Turbine Insulation – Blanket Therm products. The contract operates under FCA Supplier Factory incoterms with Net 150 Monthly payment terms and execution timeline of August 2026, representing a significant international business engagement for the company.

*this image is generated using AI for illustrative purposes only.

Indobell Insulations Limited has announced securing a significant export order worth USD 185,902 from GE Vernova Operations LLC, Cambridge, USA. The company disclosed this development under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, highlighting the international nature of this business achievement.

Order Details and Specifications

The secured contract involves the supply of Steam Turbine Insulation – Blanket Therm products to the American entity. The order value of USD 185,902 (One Lakh Eighty-Five Thousand Nine Hundred and Two US Dollars) represents a substantial international engagement for the company.

Parameter:	Details
Client:	GE VERNOVA OPERATIONS LLC – CAMBRIDGE, USA
Product:	Steam Turbine Insulation – Blanket Therm
Order Value:	USD 185,902
Execution Timeline:	August 2026
Payment Terms:	Net 150 Monthly
Incoterms:	FCA Supplier Factory

Contract Terms and Execution

The agreement operates under FCA (Free Carrier) Supplier Factory incoterms, with payment structured as Net 150 Monthly terms in USD currency. The execution timeline extends to August 2026, providing the company with a clear delivery schedule for this international commitment.

Regulatory Compliance and Transparency

Indobell Insulations Limited confirmed that this order does not involve any related party transactions and maintains arm's length dealing principles. The company also disclosed that no promoter, promoter group, or group companies have any interest in the entity that awarded the contract, ensuring complete transparency in the business arrangement.

Company Operations

Indobell Insulations Limited operates from its registered office in Kolkata and maintains manufacturing facilities across Eastern and Western regions of India. The Eastern Region facility is located at Trenching Ground Road, Kolkata, while the Western Region operations are based in Palghar, Maharashtra, enabling the company to serve both domestic and international markets effectively.

Historical Stock Returns for Indobell Insulations

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.77%	-6.94%	+0.19%	-50.87%	-58.54%	-36.69%

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Indobell Insulations Secures Rs 85.15 Lakh Order from NTPC for Gas Turbine Re-Insulation Work

1 min read Updated on 04 Mar 2026, 01:45 PM

Reviewed by

Ashish TScanX News Team

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Overview

Indobell Insulations Limited secured a Rs 85,15,125 domestic order from NTPC Limited for re-insulation of exhaust duct of gas turbine at their Chhattisgarh facility. The contract features structured payment terms with 85% payment after work completion and provisions for safety compliance and defect liability. The specialized insulation work is scheduled for completion by March 2028, demonstrating the company's expertise in power sector infrastructure maintenance.

*this image is generated using AI for illustrative purposes only.

Indobell insulations Limited has secured a domestic order worth Rs 85,15,125 from NTPC Limited for specialized re-insulation work on gas turbine exhaust ducts. The company disclosed this development under Regulation 30 of SEBI listing obligations, highlighting the contract's significance for its business operations.

Order Details and Specifications

The contract involves re-insulation of exhaust duct of gas turbine at NTPC Limited's Chhattisgarh facility. This specialized work demonstrates Indobell Insulations' expertise in power sector infrastructure maintenance and thermal insulation solutions.

Parameter	Details
Order Value	Rs 85,15,125 (Eighty-Five Lakhs Fifteen Thousand One Hundred and Twenty-Five Only)
Client	NTPC Limited, Chhattisgarh
Work Nature	Re-insulation of Exhaust Duct of Gas Turbine
Completion Timeline	March 2028
Order Type	Domestic

Payment Structure and Terms

The contract features a structured payment mechanism designed to ensure quality delivery and compliance with safety standards. The payment terms reflect industry best practices for infrastructure projects in the power sector.

Payment Component	Percentage	Details
Primary Payment	85%	After completion of work
LD/Delay Provision	5%	Liquidated damages clause
Safety Compliance	5%	Safety standard adherence
Defect Liability	5%	Post-completion warranty period

Corporate Compliance and Disclosure

The order disclosure complies with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. The company confirmed that no promoter or group companies have any interest in NTPC Limited, and the transaction does not fall within related party transactions, ensuring arm's length dealing.

Strategic Significance

This contract reinforces Indobell Insulations Limited's position as a specialized service provider in the power generation sector. The company operates from its registered office in Kolkata with manufacturing facilities in Eastern and Western regions, positioning it well to serve major power utilities across India. The nearly two-year execution timeline until March 2028 provides revenue visibility and demonstrates NTPC's confidence in the company's technical capabilities.

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