Deals13 Feb 2026, 09:31 pm
Deep Industries Ltd Secures INR 148 Crore Order from Oil India Limited
AI Summary
Deep Industries Ltd has announced receiving a Letter of Award from Oil India Limited for hiring of 1000 HP mobile drilling rig package in Assam and Arunachal Pradesh. The total estimated value of the said award is approximately INR 148 crores.
Key Highlights
- Deep Industries Ltd has been awarded a contract worth approximately INR 148 crores from Oil India Limited.
- The contract is for hiring of 1000 HP mobile drilling rig package in Assam and Arunachal Pradesh.
- The contract period is four years.
- This is a domestic order awarded by a domestic entity.
- The order does not fall under related party transactions.