India, March 17 -- Time Technoplast Ltd has secured an order worth approximately Rs 15.56 crore from a reputed public sector undertaking (PSU) for the supply of Type IV composite CNG cascades, to be deployed across city gas distribution (CGD) networks in India.
The order strengthens the company's position in advanced composite cylinder and cascade solutions, amid rising adoption of lightweight, high-safety gas storage systems supporting India's expanding clean energy infrastructure.
In FY25, the company reported revenues of around Rs 395 crore from its CNG composite segment, reflecting strong demand and execution capabilities in the segment.
Backed by favourable government policies and continued investments in gas infrastructure, the com...