Deals22 Oct 2025, 07:21 pm
Kirloskar Ferrous Industries Ltd Secures $44.6 Million Contract from Oil and Natural Gas Corporation Limited
AI Summary
Kirloskar Ferrous Industries Ltd (KFIL) has announced that it has received a contract from Oil and Natural Gas Corporation Limited (ONGC) for the supply of products. The contract, valued at approximately INR 358 Crores ($44.6 Million), will be in effect from 21 October 2025 to 20 October 2026. The contract includes the supply of regular EUE Tubing, Pup Joints, and Cross overs as per the specifications mentioned in the contract.
Key Highlights
- Contract value is approximately INR 358 Crores ($44.6 Million)
- Contract period is from 21 October 2025 to 20 October 2026
- Includes supply of regular EUE Tubing, Pup Joints, and Cross overs
- Awarded by domestic entity Oil and Natural Gas Corporation Limited
- Goods and Service Tax (GST) at the rate of 12 percent