Contract Award Details

  • Awarding Entity: Oil and Natural Gas Corporation Limited (ONGC)
  • Contract Value: ₹1032.07 Crore (including GST)
  • Project Description: Construction of Four (4) Platform Supply Vessels (PSV)
  • Award Date: 30 July 2026
  • Execution Timeline: 48 months from the date of NOA (completion by approximately July 2030)

Significant Terms and Conditions

  • Nature of Contract: Construction and delivery of vessels
  • Entity Type: Domestic entity
  • Project Scope: Domestic project
  • Related Party Status: The order does not fall within related party transactions
  • Group Company Interest: No group companies have any interest in ONGC, the awarding entity