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Continental Petroleums secures LoI worth Rs 180.79 crore

31 Mar 2023 Evaluate

Continental Petroleums has secured letter of intent (LoI) for its Turnkey Projects business. The Project is for Supply, Erection, Installation, Testing & Commissioning of material / equipment for the various activities of Development of Distribution Infrastructure at Dausa Circle of Jaipur DISCOM of Rajasthan state under RDSS (Revamped-based & Results-linked Distribution Sector Scheme) on turnkey basis for a total contract price amounting to Rs 180.79 crore.

Continental Petroleums manufacture various kinds of Lubricants & Greases for Automotive & Industrial application.

Peers
Company Name CMP
Reliance Industries 1226.00
Indian Oil Corpn. 135.80
Bharat PetroleumCorp 307.55
HPCL 351.50
MRPL 164.85
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