Deep Inds bags Rs. 72-cr contract from Oil India.

Deep Industries said that it has received letter of award (LoA) from Oil India for a contract with an total estimated value of Rs. 71.64 crore.

The contract is for charter hiring of two 550-750 horsepower (HP) capacity workover rigs for a period of three years.

Deep Industries is engaged in the business of prospecting, exploring, developing, opening and working mines, drilling and sinking shafts or wells and to pump, refine raise, dig and quarry coal bed methane, minerals, ores, gases such as methane gas.

BS