StockWatch
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Industrial Products
Business Update4 Nov 2026, 12:35 pm

Cryogenic OGS Bags First ASME 'U' Stamp Contract

AI Summary

Cryogenic OGS Limited has secured its first ASME 'U' Stamp Supply Contract from Hyundai Engineering & Construction Co., Ltd. of South Korea. The contract, valued at USD 35,700 (approximately ₹33.8 lakh), is for the design, engineering, manufacturing, testing, and delivery of Air Eliminators for the Common Seawater Supply Project in Basrah, Iraq. Delivery is scheduled by June 30, 2027. This marks a significant milestone for Cryogenic OGS, as it validates their engineering and quality systems against stringent global standards and provides a valuable reference with an international EPC contractor for code-stamped equipment.

Key Highlights

  • Secured first ASME 'U' Stamp Supply Contract from Hyundai E&C.
  • Contract value is USD 35,700 (approx. ₹33.8 lakh).
  • Equipment for Common Seawater Supply Project in Basrah, Iraq.
  • Validates engineering and quality for global EPC standards.
  • Order delivery due by June 30, 2027.