Project Update15 Apr 2026, 09:51 pm
Artson order from Sadhav Offshore enhanced by ₹10.5 Cr to ₹72.05 Cr
AI Summary
Artson Ltd has received an amendment to an order from Sadhav Offshore Engineering Pvt. Ltd., increasing its value. The original Letter of Intent/Award, disclosed on January 30, 2025, was for ₹61.54 Cr. The amendment, received on April 15, 2026, enhances the order value by ₹10.50 Cr, bringing the revised total to ₹72.05 Cr (including taxes). The contract is for the construction and supply of a Floating Dry Dock, a domestic unit rate contract, and is expected to be executed within 6 months.
Key Highlights
- Order value from Sadhav Offshore Engineering increased by ₹10.50 Cr.
- Revised total order value now stands at ₹72.05 Cr.
- The contract is for construction and supply of a Floating Dry Dock.
- The domestic order is expected to be executed within 6 months.