Artson’s ₹72Cr Milestone: Sadhav Offshore Increases Project Scope

Artson has received an order enhancement of ₹10.50 crore from Sadhav Offshore Engineering, taking the total contract value from ₹61.54 crore to ₹72.05 crore.

The revision, disclosed on April 15, 2026, relates to a contract originally awarded through a Letter of Intent dated January 30, 2025. The scope involves the construction and supply of a floating dry dock under a domestic unit-rate agreement.

The project is scheduled for execution over a six-month period and follows a standardised unit-rate pricing structure, ensuring consistency in delivery.

With this increase, Artson’s order book visibility improves, strengthening its execution pipeline in the offshore and marine engineering segment.

News by Rahul Yelligetti.