Indobell Insulations Limited has secured an export order worth $583,527 for supplying Steam Turbine Insulation – Blanket Therm.
The order has been awarded by GE Vernova Operations LLC, headquartered in Cambridge, USA.
As per the terms of the contract, payment will be made on Net 150 monthly terms, with delivery under the FCA (Free Carrier) supplier factory Incoterm and transactions denominated in US dollars.
The export order pertains to steam turbine insulation products and is scheduled to be executed by June 2027.
The company also clarified that neither the promoter nor the promoter group has any interest in the awarding entity, and the contract does not fall under related party transactions.