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Asian Energy Secures LOA worth Rs 41 crore

By Guest Author,

Added 14 August 2023

This marks AESL's third recent achievement, following contracts from ONGC Ltd for Gujarat and GAIL (India) Ltd for Rajasthan in the seismic services domain.

Asian Energy Services Ltd (AESL) receives a Letter of Award (LOA) valued at Rs 40.91 crore for Seismic Data Acquisition services from Vedanta Limited The contract spans around 7 months in duration. This marks AESL's third recent achievement, following contracts from ONGC Ltd for Gujarat and GAIL (India) Ltd for Rajasthan in the seismic services domain.

Kapil Garg, Managing Director, Asian Energy Limited., said, "This order from Vedanta Limited is the reflection of our leadership position in the Seismic services field and our strong relationship with clients. The work under this order will be completed in the current financial year.   Our order book for seismic services stands at Rs 170 crore now and our overall order book stands at approximately Rs 950 crore. We are focused and confident to execute these orders in a timely manner."