Comments
Pipavav Defence and Offshore Engineering Company and Larsen and Toubro (L&T) consortium has received an order worth $170 million (Rs 1,152 crore) from state-run energy major ONGC.
“The contract includes survey, design, engineering, procurement, fabrication, transportation, jack-up, hook-up, testing, certification/inspections, pre-commissioning, start-up and commissioning of entire facilities...,” the company said in a BSE filing.
With this, the order book of the company stands at Rs 12,000 crore.
Pipavav’s shares were trading at Rs 55.10 apiece during the afternoon trade on the BSE.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.