News Orders & Deals Indobell Insulations Secures USD 583,527 Export Order for Steam Turbine InsulationIndobell Insulations Secures USD 583,527 Export Order for Steam Turbine Insulation
Indobell Insulations Limited has secured an export order worth USD 583,527 from GE Vernova Operations LLC, Cambridge, USA, for steam turbine insulation products. The contract involves supply of Steam Turbine Insulation – Blanket Therm with execution scheduled by June 2027. Operating under FCA Supplier Factory terms with Net 150 Monthly payment conditions, this international order represents a significant business win for the Kolkata-based company, with no related party involvement ensuring arm's length transaction terms.
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Indobell insulations Limited has secured a significant export order worth USD 583,527 from GE Vernova Operations LLC, Cambridge, USA. The company announced this development through a regulatory filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, dated March 4, 2026.
Order Details and Specifications
The export contract involves supply of Steam Turbine Insulation – Blanket Therm products to the American entity. The order represents a substantial international business opportunity for the Kolkata-based insulation specialist.
| Parameter | Details |
|---|---|
| Order Value | USD 583,527 |
| Client | GE Vernova Operations LLC – Cambridge, USA |
| Product Type | Steam Turbine Insulation – Blanket Therm |
| Execution Timeline | June 2027 |
| Contract Nature | International Export |
Commercial Terms and Conditions
The contract operates under specific commercial arrangements designed for international trade. The payment structure follows Net 150 Monthly terms, providing a structured cash flow timeline for the company. The delivery terms are set as FCA Supplier Factory, placing responsibility for goods delivery at the supplier's facility.
| Commercial Aspect | Specification |
|---|---|
| Payment Terms | Net 150 Monthly |
| Incoterm | FCA Supplier Factory |
| Currency | USD |
| Order Amount in Words | Five Lakh Eighty-Three Thousand Five Hundred and Twenty-Seven Dollars Only |
Regulatory Compliance and Transparency
The company has confirmed that this order does not involve any related party transactions and operates at arm's length. Additionally, the promoter group has no interest in the entity awarding the contract, ensuring complete independence in the business relationship.
Company Operations
Indobell Insulations Limited operates from its registered office in Kolkata with 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. This geographic spread enables the company to serve diverse markets effectively while maintaining operational efficiency for export orders like this significant American contract.
Historical Stock Returns for Indobell Insulations
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +13.24% | +12.37% | +23.43% | -42.29% | -53.06% | -28.31% |
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