KSB Ltd Bags ₹850 Cr Pump Order from ONGC

KSB Limited has received a letter of award from Oil and Natural Gas Corporation Limited (ONGC) for the replacement of seven main injection pumps. This significant order, valued at approximately ₹850 Crore, underscores KSB's expertise in critical process applications within the Oil & Gas industry. The delivery is expected by FY 2029, with payment terms stipulated as post-supply/installation. This contract, awarded by a domestic entity, further strengthens KSB's market position and expands its footprint in the sector. The company has confirmed no promoter or group company interest in ONGC and that the transaction is not a related party transaction.