Deals17 Sept 2025, 04:31 pm
Cochin Shipyard Secures Rs. 200 Crore Contract from ONGC for Jack Up Rig Repairs
AI Summary
Cochin Shipyard Ltd (CSL) has announced that it has signed a contract with Oil and Natural Gas Corporation Limited (ONGC) for Dry dock/ Major Lay-up repairs of one of ONGC's Jack Up Rigs. The estimated contract value is around Rs. 200 crore and the estimated duration for the project is around 12 months. The order does not involve any related parties and is not a part of any promoter/promoter group/group companies' interests.
Key Highlights
- Cochin Shipyard Ltd has signed a contract with Oil and Natural Gas Corporation Limited for Jack Up Rig repairs
- The estimated contract value is around Rs. 200 crore
- The estimated duration for the project is around 12 months
- The order does not involve any related parties
- The contract is not a part of any promoter/promoter group/group companies' interests