Asian Energy Services, a leading integrated service provider to the energy and mining sectors, along with its JV partner, has been awarded a prestigious contract from Mahanadi Coalfields for setting up a Coal Handling Plant in Odisha. The contract encompasses Pre-Engineered Turnkey Execution, including Design, Supply, Erection, Commissioning, Trial Run, Testing, and O&M during the Defect Liability Period (DLP).
Valued at approximately Rs 459 crore (inclusive of GST and BOCW Cess), this marks the largest-ever Coal Handling Plant (CHP) order secured by the company to date, a milestone that further reinforces Asian Energy Services’ growing leadership in the sector. The project will be executed over a span of seven years.
Asian Energy Services (formerly Asian Oilfield Services) provides range of services to reputed national and multinational companies. The company banks on the rich experience of well qualified professionals for providing seismic data acquisition, processing and Interpretation services.
| Company Name | CMP |
|---|---|
| ONGC | 283.05 |
| Oil India | 465.35 |
| Jindal Drilling&Inds | 535.35 |
| Deep Industries | 473.85 |
| Asian Energy Service | 312.75 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: