Deep Industries Receives Two Order From ONGC
Deep Industries Limited has received 2 orders from Oil And Natural Gas Corporation Limited (ONGC).
The 1st Order is for deployment of 1 number of 1,000 HP Drilling Rig for ONGC Ahmedabad Asset for a period of 3 years. The approximate value of the said contract is INR 917.5 million calculated at exchange conversion rate equals to 70 Rupees per 1 US Dollar.
The 2nd Order received today is also for deployment of 1 number of 1,000 HP Drilling Rig for ONGCAhmedabad Asset for a period of 3 years. The approximate value of the said contract is the same INR 917.5 million calculated at exchange conversion rate equal to 70 Rupees per 1 US Dollar.
The two orders combined will add approximately INR 1835 million to our order book and increase revenue visibility for the coming years.
- Issued By:OIL AND NATURAL GAS CORPORATION LIMITED
- Bagged By:
- Country:India
- Region:Western India
- State:Gujarat
- Industry:Petroleum & Natural Gas
- Value:INR 1835 Million
- Published On:2019-03-15