Time Technoplast has secured a Rs 38.14 crore order from Hindustan Petroleum Corporation Limited (HPCL) for the supply of 1,40,000 composite LPG cylinders, as per a BSE filing. The order reflects the accelerating adoption of composite LPG cylinders by India’s leading oil marketing companies, driven by their superior safety, lightweight construction, and enhanced consumer convenience.
The contract was awarded through the Government e-Marketplace (GeM) platform, which enables transparent and efficient procurement processes. This order reinforces Time Technoplast’s leadership position in the composite cylinder business and supports the growing transition towards modern, customer-centric LPG distribution across the country.
The order assumes added significance as HPCL has recently introduced an innovative distribution model for composite LPG cylinders through leading quick-commerce platforms, enabling on-demand delivery to consumers. This customer-centric initiative marks an important advancement in LPG distribution by enhancing convenience and accessibility while supporting the rapid adoption of next-generation composite LPG cylinders.
As part of the agreement, Time Technoplast will supply 1,40,000 numbers of 10 kg composite LPG cylinders within six months. The order adds to the company’s growing portfolio of contracts and strengthens its pipeline.
This order reinforces Time Technoplast’s position as a leading player in the composite cylinder business, driven by its commitment to delivering innovative and sustainable packaging solutions aligned with the evolving needs of India’s energy sector.
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