Deals2 Aug 2025, 03:10 pm
Deep Industries Ltd Secures INR 96.72 Crores Workover Rig Charter Hire from Oil India Limited
AI Summary
Deep Industries Ltd has received a Letter of Award from Oil India Limited for charter hire of one (01) number of Brand-New Workover Rig in Assam & Arunachal Pradesh. The total estimated value of the said award is approximately INR 96.72 crores.
Key Highlights
- Deep Industries Ltd has been awarded a Letter of Award by Oil India Limited for charter hire of a Brand-New Workover Rig in Assam & Arunachal Pradesh.
- The total estimated value of the award is approximately INR 96.72 crores.
- The contract period is seven (7) years.
- The award is from a domestic entity, Oil India Limited.
- This deal is in the ordinary course of business for Deep Industries Ltd.