Mazagon Dock Shipbuilders Limited (MDL) recently informed exchanges that the company received a Notification of Award of Contract on 05 September 2024 from Oil and Natural Gas Corporation Limited (ONGC) for pipeline replacement project 8 Group A on EPC reimbursable basis at the ceiling price of Rs 1486 crore.
Here are the key details of the contract:
- Total Contract Value: ₹1486,40,32,996/- including all taxes and duties
(GST@12%) - Awarding Entity: Oil & Natural Gas Corporation Limited
- Nature of Work: Subsea Pipeline Replacement Project
- Domestic or International: Domestic
- Execution Timeframe: 28.02.2026
- Significant terms and conditions of order: Pipeline Replacement Project 8 Group A (PRP 8 Group A) on EPC reimbursable basis (OBE)
TOPICS:
Mazagon Dock Shipbuilders