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Asian Energy Secures Rs 865 Crore Contract with Vedanta

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Asian Energy Secures Rs 865 Crore Contract with Vedanta

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Asian Energy Services Limited ( (IN:ASIANENE) ) has shared an announcement.

Asian Energy Services Limited has secured an Integrated Service Contract worth approximately Rs 865 crores from Vedanta Limited, to be executed over 57 months. This contract highlights AESL’s strong focus on operational excellence and its reputation as a preferred partner in the energy sector, reaffirming confidence in their ability to manage critical infrastructure safely and efficiently.

More about Asian Energy Services Limited

Asian Energy Services Limited (AESL) is a leading integrated service provider to the energy and mining sectors, offering end-to-end services across the entire upstream value chain. Their services include Integrated Oil & Gas services such as 2D and 3D Seismic Geographical Data Acquisition, Operations and Maintenance of Onshore and Offshore Oil and Gas Production Facilities, production enhancement services, and Mining services including supply and installation of Material Handling Plants and Rapid Loading Systems. Since its acquisition by Oilmax Energy Private Limited, AESL has diversified its business verticals to capture more value across the energy and upstream oil and gas value chains.

Average Trading Volume: 10,990

Technical Sentiment Signal: Sell

Current Market Cap: 12.76B INR

See more data about ASIANENE stock on TipRanks’ Stock Analysis page.

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