Asian Energy Services Limited (AESL) has recently informed exchanges that the company has been awarded a significant contract by Assam Gas Company Limited. The project involves supplying a compressor station on a Build, Own, Operate, and Transfer (BOOT) basis for 3 years.
The total contract value stands at approximately Rs 200 crores, with Rs 82 crores expected to be realized in the first year on a Free on Truck (FOT) site basis. This amount includes freight, unloading, and stacking costs, but excludes GST.
The mobilization of the first compressor is scheduled for Q4 FY25, with the remaining units to be delivered in the following financial year. This milestone further strengthens AESL’s presence in India’s energy sector and highlights its expertise in delivering critical infrastructure solutions.
Kapil Garg, Managing Director, Asian Energy Services Limited stated, “We are delighted to announce that we have been awarded a significant contract by Assam Gas Company Limited to supply and operate a compressor station on BOOT basis for a period of three years. This achievement underscores our unwavering commitment to the operations and maintenance segment and highlights our proven expertise in delivering end-to-end upstream energy solutions. With the government’s increasing emphasis on natural gas as a key component of the energy transition, we are well-positioned to leverage emerging opportunities in this evolving sector.”
