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Asian Energy secures Rs 200 crore order from Assam Gas Company

Petroleum  -  Dec 19,2024  - 

Asian Energy Services has bagged a contract worth approx. Rs 200 crore from Assam Gas Company.

The company entails design, construction, ownership, operation and eventual transfer of a compressor station on a build, own, operate and transfer (BOOT) basis for a three year timeperiod.

Furthermore, the company expects to mobilise the first compressor in the fourth quarter of the current financial year, with the remaining units to be deployed in the following FY.

The initial revenue realisation of approx. Rs 82 crore is anticipated in the first year on a free-on-truck (FOT) site basis.

Company : Asian Energy Services

Assam Gas Company