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Alphageo Received Letters of Award of Contracts from ONGC Ltd for an estimated value of Rs. 1482 Crores

Alphageo (India) Limited has been issued various Letters of Award of Contracts by Oil and Natural Gas Corporation of India Ltd (ONGC Ltd) for Acquisition of 2D Seismic Data in un-appraised on land areas of Indian Sedimentary Basins of India as a part of the National Seismic Program. The estimated total value of the awards received is about Rs. 1482 Crores inclusive of taxes. The Company has acknowledged the receipt of these Letters of Awards and has initiated the necessary steps to accept and execute the same.