Lakshya Powertech Limited has bagged a ₹82.4 million work order from Oil and Natural Gas Corporation (ONGC), marking a strategic win in India’s energy infrastructure sector. The contract reinforces Lakshya’s technical credibility and signals ONGC’s continued investment in reliable power solutions.
                                        
                        
	Lakshya Powertech Limited has announced a significant milestone with the receipt of a ₹82.4 million work order from Oil and Natural Gas Corporation (ONGC), India’s largest oil and gas producer. This contract is expected to boost Lakshya’s operational portfolio and strengthen its position in the energy infrastructure domain.
	 
	The scope of the project includes electrical infrastructure development, though specific technical details are yet to be disclosed. The announcement reflects ONGC’s confidence in Lakshya Powertech’s capabilities and its commitment to upgrading energy systems across its operational zones.
	 
	Key Highlights:
	- 
		Contract Value: ₹82.4 million (INR 8.24 crore)
- 
		Awarded By: Oil and Natural Gas Corporation (ONGC)
- 
		Scope: Electrical infrastructure development and related services
- 
		Strategic Impact: Enhances Lakshya’s credibility with public sector undertakings and expands its energy sector footprint
- 
		Market Outlook: Positive sentiment expected among stakeholders and investors
	This development aligns with India’s broader push toward strengthening energy infrastructure and signals continued capital expenditure by ONGC in core operational areas.
	 
	Sources: Exchange filing via BSE India, Business Standard