Maharashtra Seamless secures Rs. 7570-mn deal

Mumbai: Pipe producer, Maharashtra Seamless has bagged an order from ONGC worth Rs. 757 crore for supply of seamless casing pipes.

With this, the total order book position would stand increased to Rs 1,370 crore. The delivery under this contract would commence immediately and would be spread over the next 15 months. The revenues would be accrued accordingly.