Lakshya Powertech has won contract worth Rs 486.39 million from OIL India Limited (OIL) for compressed natural gas (CNG) services along with transportation to consumption centers/decanting to OIL’s pipeline on build, own and operate (BOO) model to be executed in seven years.

OIL is an integrated Maharatna Central Public Sector Undertaking (CPSE) of the Government of India, engaged in the exploration, development, and production of crude oil and natural gas, and the production of liquified natural gas (LPG).