Deep Industries Ltd receives LOA from ONGC for Rs. 130 crores

Deep Industries Ltd has received Letter of Award from Oil and Natural Gas Corporation Limited today i.e on 12-07-2023 for Charter Hiring of 1 numbers of 90 MT Mobile Drilling Rigs with Integrated Mud Services & METP with Manpower for a period of 3 years for CBM Asset, Bokaro. The total estimated value of the said award is approximately INR 130 crores.

The Company shall provide complete Drilling Rig and Equipment conforming to the broad and general standards as mentioned in the technical specifications of the Tender Document.

Source : Equity Bulls

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DeepIndustries LOA OrderWin ONGC