KSB Limited : get Order Worth Approx ₹850 Million from ONGC

KSB Limited has officially announced receiving a significant contract from the Oil and Natural Gas Corporation Limited (ONGC). The milestone agreement entails the replacement of 7 main injection pumps for critical process applications. Highlighted Points :- * Awarding Entity: Oil and Natural Gas Corporation Limited (ONGC) (A domestic entity) * Scope of Work: Replacement of existing 7 main injection pumps * Order Value: Approximately 850 Million INR (MINR) Execution Timeline: Delivery scheduled to be completed by FY 2029 * Payment Terms: Payment will be processed after supply and installation * Related Party Status: None; the order has no promoter or group company interest and is executed at arm's length * Strategic Impact: The contract reinforces KSB's technical expertise in handling critical process applications and expands its growing market footprint within the Oil & Gas industry.