Teja Engineering Secures ₹18 Crore ONGC O&M Contracts
Teja Engineering Industries has secured two ONGC O&M contracts totaling approximately ₹18 crore, including a ₹15 crore, three-year GeM-placed contract for LP gas compression facilities at Mandapeta and Tatipaka (Rajahmundry asset) in Andhra Pradesh. The second contract is ₹3 crore for six months to provide O&M services at GCP-I, GCP-IV and GCS Motwan under ONGC’s Ankleshwar asset in Gujarat. These wins expand Teja’s growing portfolio in the energy infrastructure sector and reinforce its role as a maintenance partner for major oil and gas operators. Company executives have framed the deals as a vote of confidence in Teja’s technical capabilities and execution track record. The announcements come amid ongoing investments in India’s natural gas infrastructure, with Teja serving several large clients beyond ONGC. Investor attention has been on how these recurring revenue streams will affect margins and order-book growth.
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