Key Quantitative Figures
The total estimated value of the award is approximately ₹83.81 crores.
Contract Duration
The contract is to be executed over a period of three (03) years.
Parties Involved
The Letter of Award was received from Oil and Natural Gas Corporation Limited (ONGC).
Contract Details and Purpose
The award is for charter hiring services for gas compression from ONGC. The services will be performed at the Lakhmani GGS-5, Assam Asset location.
Additional Terms and Classifications
The transaction is with a domestic entity and is classified as a domestic order. The company confirms it has no interest in ONGC, and the order does not fall within related party transactions. The award was received in the ordinary course of business.