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Deep Industries secures LoA worth around Rs 59 crore

07 Apr 2026 Evaluate

Deep Industries has received a Letter of Award (LoA) from Oil and Natural Gas Corporation (ONGC) for hiring of services of Natural Gas Compressor, Gas Dehydration & HC Dew Point Depression for Malleswaram of ONGC, Rajamundry Asset for a period of three years. The total estimated value of the said award is around Rs 59 crore.

Deep Industries 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 232.50
Oil India 492.20
Jindal Drilling&Inds 594.55
Deep Industries 744.65
Aban Offshore 14.26
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