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Deep Industries bags order worth Rs 170.78 crore

26 Mar 2012 Evaluate

Deep Industries has secured various projects aggregating worth about Rs 170.78 crore. The company has bagged order from ONGC regarding PAM project and pasarlapudi project in Rajahmundry, Kalol project in Ahmedabad and North Gandhar in Ankleshwar.

The company has also won order from GACL and HOEC for Dahel Project and HOEC PY-1 respectively.

Recently, Deep Industries’ consortium - Monnet Ispat & Engery signed contract with Government of Indonesia awarding Coal Bed Methane (CBM) Blocks at Indonesia for exploration of gas for the period of 30 years.

Deep industries is well diversified Oil & Gas Company with business interest in air and gas compression, drilling, work over and oil & gas exploration and production. It is the largest private sector natural gas compression company in India.

Peers
Company Name CMP
ONGC 237.95
Oil India 479.00
Jindal Drilling&Inds 591.05
Deep Industries 766.55
Asian Energy Service 474.30
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