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Deep Industries gets LoA worth Rs 67.99 crore from ONGC

29 Nov 2021 Evaluate

Deep Industries has received Letter of Award (LoA) from Oil and Natural Gas Corporation (ONGC) for hiring of CBM Gas Compression and C02 removal facilities for a period of 3 years from GCS - Bokaro, CBM Asset ONGC, Bakaro and the total estimated value of the said Award is approximate Rs 67.99 crore.

The company is leading solution provider in energy sector. The company is specialized in providing Air & Gas Compression Services, Drilling and Workover Services, Gas Dehydration Services, and also having expertise in Integrated Project Management Services.

Peers
Company Name CMP
ONGC 221.10
Oil India 442.65
Jindal Drilling&Inds 572.80
Deep Industries 746.50
Asian Energy Service 450.15
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