MoneyWorks4Me

Deep Industries bags contract worth Rs 36.72 crore from Cairn India

21 Jan 2017 Evaluate

Deep Industries has received Letter of Award (LoA) from Cairn India for contract for provision of services of Gas Engine Driven Reciprocating Compressors Packages on rental basis for RDG Gas Development Project for a period of one year from the commencement date. The total estimated value of the said award is around Rs 36.72 crore.

Deep Industries has been serving the industry in various segments with the foremost being providing Air & Natural Gas Compressor Services on chartered hire basis, wherein company commands a healthy market position and is also the first company in India to offer such services.

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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