
Cochin Shipyard Wins ₹200 Crore ONGC Contract for Rig Repairs
Cochin Shipyard Ltd (CSL) has secured a ₹200 crore contract from Oil & Natural Gas Corporation (ONGC) for the repair and maintenance of a jack-up rig, set for completion within 12 months. This deal emphasizes transparency, as CSL’s promoters hold no stake in ONGC, enhancing trust in the agreement.