GOCL bags Rs 592cr order for bulk explosives from Coal India

Gulf Oil Corporation (GOCL) said that its fully-owned subsidiary — IDL Explosives Limited (IDLEL) has secured an order from Coal India Limited worth INR 592.45 crores.

As per the order, IDL Explosives will be responsible for supplying bulk explosives over a period of two years from October 2021 to October 2023.

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GOCL is the chemicals business of the Hinduja Group, which was formed after the merger between Gulf Oil India Limited and IDL Industries Limited. The company is based in Hyderabad.


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