Lakshya Powertech Limited has won a substantial ₹79 crore contract from Asian Energy Services for EPC of oil and gas surface facility, pipelines, and natural gas compression systems. The domestic order, to be executed in five months, strengthens Lakshya’s role in supporting critical energy infrastructure projects across India.
                                        
                        
	Lakshya Powertech Limited has announced a major domestic contract win from Asian Energy Services Limited, marking a significant step for both companies in the oil and gas sector. The scope of work covers turnkey EPC (Engineering, Procurement, and Construction) for oil and gas surface facilities, pipelines, and natural gas compression systems — crucial for boosting energy accessibility and operational efficiency.
	 
	With a total contract value of ₹79,06,11,801 (Rupees Seventy Nine Crore Six Lakh Eleven Thousand Eight Hundred One, inclusive of tax), the project is scheduled for completion within a five-month timeframe, subject to variation. Notably, the order does not involve any promoter or related party interests and is conducted at arm’s length, underscoring Lakshya Powertech’s commitment to transparent and professional business practices.
	 
	This win not only enhances the company’s portfolio in the high-growth oil and gas segment, but also supports India’s broader energy infrastructure agenda, improving pipeline connectivity and gas supply reliability.
	 
	Key Highlights
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		Asian Energy Services awards ₹79 crore domestic EPC contract to Lakshya Powertech
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		Scope: Oil & gas surface facility, pipelines, natural gas compression systems
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		Project duration: 5 months, subject to variation
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		No promoter or related-party involvement; arm’s length terms
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		Order expected to boost energy infrastructure and pipeline connectivity
	Sources: Company announcement by Lakshya Powertech Limited (official document)