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PSL bags IOC order

Our Bureau

MUMBAI, June 13

PSL Ltd has bagged an order to the tune of Rs 122.85 crore from public sector Indian Oil Corporation Ltd.

"This order for supply of pipes conforming to API specifications 5LX 65 grade is the largest single order in terms of length, entrusted to any indigenous pipe manufacturer in recent years," the company said in a news release.

PSL's order book has a backlog of over Rs 700 crore along with projects received and under execution.

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