BHEL gets 5.06-bln-rupee rig revamp, supply order from ONGC
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K.Karthik Raja
Jun 26, 2008, 3:41:02 AM6/26/08
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BHEL gets 5.06-bln-rupee rig revamp, supply order from ONGC
Thursday, Jun 26
NEW DELHI - Bharat Heavy Electricals Ltd. has got a 5.06-bln-rupee
order for refurbishment and upgradation of onshore drilling rigs and
supply of new rig equipment from upstream oil company Oil and Natural
Gas Corp. Ltd.
The order envisages refurbishment and upgradation of 12 onshore
drilling rigs as well as supply of new rig equipment.
These rigs were procured by ONGC in the 1970s and '80s. Of these
12 rigs, nine were supplied by BHEL, while the rest were supplied by
U.S. companies.
At 1:06PM on the National Stock Exchange, BHEL share was trading
at 1,423.80 rupees, down almost 1% from the previous close. End
Thursday, Jun 26
NEW DELHI - Bharat Heavy Electricals Ltd. has got a 5.06-bln-rupee
order for refurbishment and upgradation of onshore drilling rigs and
supply of new rig equipment from upstream oil company Oil and Natural
Gas Corp. Ltd.
The order envisages refurbishment and upgradation of 12 onshore
drilling rigs as well as supply of new rig equipment.
These rigs were procured by ONGC in the 1970s and '80s. Of these
12 rigs, nine were supplied by BHEL, while the rest were supplied by
U.S. companies.
At 1:06PM on the National Stock Exchange, BHEL share was trading
at 1,423.80 rupees, down almost 1% from the previous close. End
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