ONGC awards over Rs 11,700-cr contract to develop KG-DWN-98/2 project
Thursday - October 4, 2018 12:02 am ,
Category : BUSINESS
ONGC awards over Rs 11,700-cr contract to develop KG-DWN-98/2 project
New Delhi Oct 3 (IANS) State-run ONGC has awarded a major work package worth Rs 11 740.86 crore ($1 694.45 million) to a consortium of companies for integrated development of "KG-DWN-98/2" project located on the East Coast.
According to the company the consortium of BHGE McDermott and L&T hydrocarbon has been awarded the contract.
"This tender is one of the biggest integrated tenders awarded globally in recent years " the company said in a statement on Wednesday.
"ONGC envisages commencement of first gas production by December 2019 first oil by March 2021 and overall project completion by August 2021."
--IANS rv/nir
According to the company the consortium of BHGE McDermott and L&T hydrocarbon has been awarded the contract.
"This tender is one of the biggest integrated tenders awarded globally in recent years " the company said in a statement on Wednesday.
"ONGC envisages commencement of first gas production by December 2019 first oil by March 2021 and overall project completion by August 2021."
--IANS rv/nir
