Deep Industries Secures ₹49.1 Cr Charter Hiring Contract from ONGC

Deep Industries Ltd has announced the receipt of a Letter of Award from Oil and Natural Gas Corporation Limited (ONGC) for charter hiring services for Natural Gas Compression. The contract is for a period of five years and is valued at approximately ₹49.10 crores. This award pertains to services at the GGS Paliyad of Ahmedabad asset. The company confirmed that the contract is with a domestic entity and does not involve promoters or group companies, nor does it fall under related party transactions. The award is considered to be in the ordinary course of business for Deep Industries.