The company has been actively exploring business opportunities in the energy segment, both conventional sources as well as the renewable energy segments, including solar, gas, and hydrogen fuel cells.The supplies will start shortly and the new order would be completed by October 31, 2023.The company is engaged in the business of specialty polymers which find applications in electrical, infrastructure, packaging, and automotive, among others.Besides, it will expand its business portfolio by manufacturing steel pipes and medium-density polyethene (MDPE) pipes.Vikas Ecotech (VEL) has announced its foray into conventional energy segment with a coal supply order it received from cement manufacturer Prism Johnson.