Expo Engineering wins ₹44.67 crore ONGC order for tank maintenance

Expo Engineering and Projects Limited has secured a significant work order worth ₹44,66,62,568 from Oil and Natural Gas Corporation Limited for the maintenance and inspection of crude oil storage tanks. The contract, awarded on June 8, 2026, spans a period of three years and covers the CPF Gandhar facility within the Ankleshwar Asset. This order is expected to contribute to the company's revenue stream over the duration of the agreement.

The work order was issued by the Central Procurement Department of ONGC, a domestic entity, and includes a total consideration inclusive of 18% GST. The specific nature of the contract is a rate contract for the maintenance and inspection of existing floating roof crude oil storage tanks. The execution timeline is set for three years from the date of the Notice of Award (NOA) as per the Standard Conditions of Contract (SCC).

Expo Engineering confirmed that the promoter, promoter group, or group companies do not hold any interest in the entity awarding the order. Furthermore, the company stated that the transaction does not fall within related party transactions. The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The following table outlines the key details of the work order:

Sr. No.	Particulars	Details
1.	Name of the entity awarding the order	Oil and Natural Gas Corporation Limited, Central Procurement Department, Core -3 & 4, 8th Floor, Scope Minar, Laxmi Nagar, Delhi -110092
2.	Nature of order	Rate Contract for Maintenance and Inspection of existing Floating roof crude Oil storage tanks at CPF Gandhar of Ankleshwar Asset
3.	Time period for execution	03 years from the date of NOA as per SCC
4.	Broad consideration	₹44,66,62,568.00 (inclusive of GST@18%)
5.	Related party transaction	No

The announcement was signed by Hasanain S. Mewawala, Managing Director of Expo Engineering and Projects Limited. The company, formerly known as Expo Gas Containers Limited, is headquartered in Mumbai and operates in the engineering and projects sector.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.80%	+14.52%	+0.71%	-5.21%	-3.27%	+941.01%

expo engineering & projects has secured a significant work order from Larsen & Toubro Limited, Construction. The order, valued at Rs 2,31,28,000 inclusive of taxes, was received on May 19, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Project Details

The contract pertains to the supply of 200 MT Cast House Deducting Ducts. This work is specifically for the AMNS BF#3 Project situated in Hazira, Gujarat. The order was awarded by a domestic entity in the normal course of business.

Execution Timeline

The company is required to execute the order as per the purchase order terms. The specified delivery date for the project is June 30, 2026.

Order Overview

Particulars	Details
Client	Larsen & Toubro Limited, Construction
Nature of Order	200 MT Cast House Deducting Ducts
Project Location	Hazira, Gujarat
Order Value	Rs 2,31,28,000 (inclusive of GST)
Delivery Date	June 30, 2026

The disclosure confirms that the promoter, promoter group, or group companies hold no interest in the entity awarding the order. Furthermore, the transaction does not fall within related party transactions.