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Asian Energy Services Ltd - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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15 Oct 2020
Asian Energy Services Limited (formerly Asian Oilfield Services Limited) has received a Letter of Acceptance(LOA) from Central Mine Planning &amp; Design Institute Limited for 3D Seismic Survey along with Exploration in the Rajadahi Block, Mand-Raigarh Coal field of Raigarh district in Chhattisgarh valued at approx. Rs. 33.47 crores (incl. of GST). The Company has accepted the LOA. &lt;BR&gt; &lt;BR&gt; Commenting on the same Mr. Ashutosh Kumar, Whole-time Director &amp; CEO said &apos;We are excited about the receipt of this order outside the oil &amp; gas sector. This is an important step towards expanding our service offering outside the existing customer base and to realize our growth potential. We are quite confident of success in the new journey we have embarked upon.&lt;BR&gt; &lt;BR&gt; As a part of the diversification strategy, the Company has decided to extend its services to minerals and other energy sectors. This LOA is the stepping stone towards the Company&apos;s strategic decision and opens up new avenues for growth of business.&lt;BR&gt; &lt;BR&gt; &lt;BR&gt;
View all announcements for Asian Energy Services Ltd Source: BSE India