Premier Explosives Limited Receives Orders from the Ministry of Defence
July 11, 2023 at 01:03 am EDT
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Premier Explosives Limited received orders from the Ministry of Defence, Government of Republic of India for procurement of Flares and Chaffs, the details of which are as under: Name of the entity awarding Order(s)/contract(s): Ministry of Defence, Indian Air Force, New Delhi. Supply of Chaffs Whether order(s) /contract(s) have been awarded by domestic /international entity: Domestic Entity. Time period within which the order(s)/contract(s) is to be executed: Within twelve (12) months. Size of the order(s) /contract(s): INR 2,921.1 million (including GST). Name of the entity awarding Order(s)/contract(s): Ministry of Defence, Indian Air Force, New Delhi. Supply of Flares Whether order(s) /contract(s) have been awarded by domestic /international entity: Domestic Entity. Time period within which the order(s)/contract(s) is to be executed: Within twelve (12) months. Size of the order(s) /contract(s): INR 2,601.5 million (including GST).
Premier Explosives Limited is an India-based company that is primarily engaged in the manufacture of high energy materials and allied products for the defense, space, mining and infrastructure industries. The Company's geographical segments include India and the Rest of the world. It is focused on developing and manufacturing solid propellants for rockets and strap-on motors for satellite launch vehicles. The Companyâs extended capabilities include products, such as chaff, infrared (IR) flares, explosive bolts, pyro devices, smoke markers, cable cutters, tear gas grenades and many other products, including pyrogen igniters for defense and space applications. The Company has over two units under defense and explosive manufacturing, where one unit is at Peddakundukur and the second at Katepally, which are located in the State of Telangana. In addition, the Company has over six bulk explosive manufacturing locations spread across Madhya Pradesh, Maharashtra, Telangana and Tamil Nadu.