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Pipavav, L&T consortium gets $170 million order from ONGC

NEW DELHI: Pipavav Defence and Offshore EngineeringBSE -4.99 % Company on Thursday said its consortium with Larsen and ToubroBSE 1.00 % (L&T) has received an order worth $170 million (Rs 1,152 crore) from state-run energy major ONGCBSE 1.61 %. 

"The contract includes survey, design, engineering, procurement, fabrication, transportation, jack-up, hook-up, testing, certification/inspections, pre-commissioning, start-up and commissioning of entire facilities...," it said in a 
BSE filing. 

With this, the orderbook of the company stands at Rs 12,000 crore. 

Pipavav's shares were trading at Rs 55.10 apiece during the afternoon trade in the BSE.