Expo Engineering and Projects Ltd Secures Major Work Order from ONGC for Maintenance of Storage Tanks
Expo Engineering And Projects Limited (formerly known as Expo Gas Containers Limited) has secured a significant contract with M/s Oil and Natural Gas Corporation Limited (ONGC). The work order, received on June 8, 2026, involves the maintenance and inspection of existing Floating roof crude Oil storage tanks at CPF Gandharof Ankleshwar Asset.The total value of the business awarded by ONGC amounts to Rs. 44,66,62,568.00, which is inclusive of taxes. This contract was secured in the normal course of the company's operations.
The engagement covers a period of three years starting from the date of the Notice of Award (NOA). The work involves servicing the existing infrastructure at the specified asset location.
Key details regarding this contract are summarized below:
| Parameter | Details |
|---|---|
| Client | Oil and Natural Gas Corporation Limited (ONGC), Central Procurement Department, Delhi |
| Nature of Work | Rate Contract for Maintenance and Inspection of existing Floating roof crude Oil storage tanks at CPF Gandharof Ankleshwar Asset |
| Contract Value | Rs. 44,66,62,568.00 (inclusive of GST@18%) |
| Duration | 03 years from the date of NOA |
| Relationship Status | The contract is not a related party transaction and the company has no interest in the awarding entity. |
Stock Price Movement
As of 12:59, Expo Engineering And Projects Ltd is ticking down slightly, with shares trading at ₹68.70, reflecting a -0.72% movement. The equity has seen intraday volatility, moving between a low of ₹65.52 and a high of ₹72.90.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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