Time Technoplast Limited announces the award of a major order for supply of High Quality, High Pressure PE Pipes for prestigious water supply project in India assisted by International Development Agencies. This order from India's leading EPC Contractor at a value exceeding INR 2100 million is considered to be one of the largest order for PE Pipes ever awarded in India. Company has won this supply contract against stiff competition based on the quality of its products and past track record of ‘on time’ deliveries.

This supply contract together with pending orders for PE Pipes received during current financial year occupies significantly Company’s capacity for the next year. It may be noteworthy that Company is expecting a growth of around 40% in this business segment in the current financial year and that with the current order book, it is likely to maintain growth momentum in this vertical.