PSL Awarded Prestigious Contract worth Rs.308 Crores

PSL Ltd has announced that the Company has bagged a prestigious contract for supply of Carbon Steel Barc Line Pipes valuing Rs 308 Crores for meeting the requirements of BINA Refinery in Sultanate of Oman.

The contract in question is related to supply of pipes for a total length of 600 Kms. to BINA Refinery (Vadinar-Bina Pipeline) Project of Bharat Oman Refineries Ltd which is to be completed within a year's time.

Note: Further the Company has informed that, as informed earlier "The Company has bagged a prestigious contract for supply of Carbon Steel Barc Line Pipes valuing Rs 308 Crores for meeting the requirements of BINA Refinery in Sultanate of Oman." Since inadvertently, a small typographical error has crept up in the said announcement. The correct announcement should be read as follows, "The Company has bagged a prestigious contract for supply of Carbon Steel Barc Line Pipes valuing Rs 308 Crores for meeting the requirements of BINA Refinery of Bharat Oman Refineries Ltd".

Source : Equity Bulls

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