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Pipavav Defence bags prestigious contract from ONGC worth over $170 million

29 Aug 2013 Evaluate

Pipavav Defence and Offshore Engineering Company in consortium with Larsen & Toubro (L&T) have bagged a prestigious contract from ONGC valued over $170 million.

The contract includes Survey, Design, Engineering, Procurement, Fabrication, Transportation, Jack-up, Hook-up, Testing, Certification/ Inspections, Pre-commissioning, Start-up and commissioning of entire facilities including demolition for the conversion of ‘SAGAR PRAGATI’, a MODU to Mobile Offshore Production Unit (MOPU).

With this, the order book of the company has crossed Rs 12,000 crore. Pipavav Defence is the only maritime infrastructure in India where such complex operations can be accomplished.

Pipavav Defence and Offshore Engineering Company is engaged in defence, offshore, marine and engineering sectors. The company has two units, one special economic zone (SEZ) unit spread over around 95 hectares of land and another export oriented unit (EOU) spread over around 103.92 hectares of land.

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