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Asian Energy Services wins EPC contract worth Rs 187.62 crore

22 Jun 2026 Evaluate

Asian Energy Services has secured a Rs 187.62 crore EPC contract (including GST) from Gujarat State Electricity Corporation (GSECL) for enhancement of a coal handling plant in Ukai Gujarat. The project marks a strategic milestone for the company as its first major order outside Coal India and its subsidiaries and associates. It signals a diversification of its client base and a strong entry into state utility-led infrastructure projects. 

The project involves capacity enhancement of the Coal Handling Plant (Stage-II) at the Ukai Thermal Power Station in Gujarat. The project is being executed on a lumpsum EPC basis, and the scope covers end-to-end engineering, procurement, construction, and commissioning, which will take place over 2-3 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.


Peers
Company Name CMP
ONGC 224.90
Oil India 443.80
Jindal Drilling&Inds 571.45
Deep Industries 748.60
Asian Energy Service 455.10
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