Maharashtra Seamless has received an order from ONGC Ltd. valued at approximately ₹217 crores for the supply of seamless pipes. This order will contribute to the company’s revenue in the coming quarters, with dispatches scheduled based on ONGC’s requirements. The announcement confirms Maharashtra Seamless’ continued presence in the oil and gas sector.
ONGC Order Details
Maharashtra Seamless has secured a significant order from ONGC Ltd. for the supply of seamless pipes. The basic value of the order is approximately ₹217 crores.
Order Execution
The supply of seamless pipes will be executed over the next few quarters, with gradual dispatches planned according to ONGC’s requirements. The order, awarded by a domestic entity, is a standard supply contract with no related-party implications.
Source: BSE