The idle plant was sold for INR 61.20 lakhs and the H1 price was a premium of 21.29% over and above the benchmark price.Download PDF (180 KB)
Industry: Industrial Gas
Geography: Taloja, Maharashtra
Client: Linde India Limited (LIL), formerly BOC India Limited
Challenge: To sell the industrial gas plant at the right market value, to a credible buyer, using transparent mechanism
Solution: Sealed Bid followed by an "English No Ties" Forward Auction.
Results: The idle plant was sold for INR 61.20 lakhs and the H1 price was a premium of 21.29% over and above the benchmark price.
Linde India Limited (LIL), formerly BOC India Limited, is a member of The Linde Group and the leading industrial gases company in India. LIL owns and operates India‘s largest air separation plant and operates more than 20 production facilities and filling stations across the country. LIL caters to more than 20,000 gases and mixtures as well as provide a range of related services including construction and installation of plants, equipment, pipelines and associated engineering services catering to the needs of wide variety of industries. LIL has the largest sales and distribution network in the country and this gives it a wide geographic reach placing it close to their customers across the length and breadth of India.
The Business Challenge:
The Solution & Strategy