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Aarvi Encon gets Letter of Intent worth Rs 29.30 crore

01 Dec 2023 Evaluate

Aarvi Encon received Letter of Intent (LoI) worth of Rs 29.30 crore only (GST inclusive) for Hiring of services of field engineers for various pipeline locations of Hindustan Petroleum Corporation. This duration of the project is of 2 years. 

Earlier, the company had received the work order of Rs 10 crore for Manpower Insourcing and Deputation of Engineering personnel from Saipem India Projects, Chennai.

Aarvi Encon is providing engineering and manpower outsourcing services in India and internationally.


Peers
Company Name CMP
Quess Corp 197.10
SIS 323.35
TeamLease Services 1238.30
Bluspring Enterprise 66.79
Updater Services 161.15
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