Deals11 Mar 2026, 04:29 pm
Omnitech Engineering Secures USD 2,01,04,120 + GST Contract from Weatherford Products GmbH via Master Purchase Agreement
AI Summary
Omnitech Engineering Ltd has announced that it has received a contract from Weatherford Products GmbH via a Master Purchase Agreement. The contract, valued at approximately USD 2,01,04,120 + GST per year for a period of 5 years, is a significant development for the company. The agreement has a tenure of 5 years and pertains to the supply of products. The commercial consideration is approximately INR 920 Crore + GST over the 5-year period.
Key Highlights
- Contract worth approximately USD 2,01,04,120 + GST per year for 5 years
- Agreement with Weatherford Products GmbH via Master Purchase Agreement
- Tenure of the Agreement is 5 years
- Product supply agreement
- Commercial consideration is approximately INR 920 Crore + GST over 5 years