Jindal Drilling & Industries today said it has bagged an order worth Rs 635 crore from Oil and Natural Gas Corporation (ONGC) for hiring a drilling unit for five years.
The company has bagged an order "for charter hire of drilling unit 'Noble Ed-holt' from ONGC" for a period of five years, Jindal Drilling & Industries said in a filing to the Bombay stock Exchange (BSE).
The rig is expected to get deployed in December 2009, the filing added.
Shares of Jindal Drilling & Industries closed at Rs 521.95 on BSE, down 2.32 per cent from previous close.