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Corporate - Announcements


PSL bags $198-m Sudanese order

Our Bureau

Mumbai , April 23

PSL Ltd has bagged an order worth $198 million (Rs 900 crore) from Sudanese Oil & Gas Company, Petrodar, for the Melut Basin Oil Development Project in Sudan.

The company said the Rs 900 crore contract, ranked as one of the biggest single product supply order received by an Indian company in recent times, is for supply of oil and gas pipes to be executed in the next 10 months.

The Melut Basin Oil Development Project received bids from 14 bidders from Brazil, Malaysia, China along with European big bulls like Corinth Pipe of Greece and Mannesman from Germany amongst others.

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