Desco Infratech Limited has received the Notification of Award (NOA) from Oil and Natural Gas Corporation Limited (ONGC) for the replacement of 24-inch crude oil transfer pipelines from the ONGC Trombay Terminal to BPCL and HPCL refineries at Uran Plant, Maharashtra. The award, valued at Rs. 166,690,694.00 (inclusive of GST), follows the company's earlier emergence as the L1 (Lowest Bidder) for the project, as disclosed on May 13, 2026. The formal NOA was received on May 15, 2026, and has been intimated to BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Project Overview

The project involves the replacement and strengthening of critical crude oil transfer pipeline infrastructure connecting the ONGC Trombay Terminal with the refinery facilities of BPCL and HPCL at Uran Plant, Maharashtra. The key details of the awarded contract are summarised below:

Scope and Strategic Importance

The scope of the project involves replacing and upgrading pipeline infrastructure that facilitates the safe and uninterrupted transportation of crude oil within India's energy network. The project is aimed at ensuring efficient crude oil transfer operations between the ONGC Trombay Terminal and the downstream refinery facilities of BPCL and HPCL at Uran Plant. Its execution is expected to involve advanced engineering practices, pipeline infrastructure expertise, and stringent safety standards.

About ONGC

Oil and Natural Gas Corporation Limited (ONGC) is a Maharatna Public Sector Enterprise and one of India's largest energy companies. ONGC plays a significant role in India's energy security and contributes substantially to the country's crude oil and natural gas production. The corporation has been instrumental in developing and modernising India's upstream and midstream hydrocarbon infrastructure.

Significance for Desco Infratech

This development marks a significant milestone in Desco Infratech's expanding presence within India's oil & gas and hydrocarbon infrastructure sector. The receipt of the NOA confirms the formal award of the contract following the company's L1 bidder status. Desco Infratech continues to focus on strategic opportunities in pipeline construction, gasification systems, industrial engineering, and energy infrastructure projects across India. The intimation was signed by Mr. Malhar Pankaj Desai, Whole-time Director (DIN: 07293599), on behalf of the company.

Desco Infratech Limited has successfully completed and commissioned a 14 KM MDPE Pipeline Project in the State of Haryana, the company disclosed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The project is designed to facilitate Piped Natural Gas (PNG) connectivity to residential households, marking a significant step in the company's contribution to India's City Gas Distribution (CGD) network expansion.

Project Overview

The newly commissioned pipeline infrastructure is set to facilitate the conversion of approximately 1,000 domestic household connections from LPG usage to PNG gas usage. This transition enables citizens to access a safer, cleaner, and more efficient fuel solution directly at their homes. The project was carried out under the guidance of key company personnel.

Clean Energy and CGD Sector Commitment

The commissioning aligns with the growing national focus on cleaner and sustainable fuel alternatives, which is accelerating the expansion of CGD networks across India. PNG offers several advantages over conventional fuel systems, including:

• Improved operational safety
• Greater convenience for end users
• Uninterrupted fuel supply
• Reduced carbon emissions

The company noted that at a time when global energy markets are witnessing volatility due to geopolitical developments affecting fuel supply chains worldwide, the importance of resilient, reliable, and future-ready energy infrastructure has significantly increased.

Expanding Infrastructure Footprint

Desco Infratech continues to actively expand its presence across pipeline infrastructure, city gas distribution, commissioning, and energy EPC segments. The completion of this project reflects the company's commitment towards strengthening India's clean energy infrastructure and supporting environmentally responsible urban development. The achievement also underscores the growing confidence of clients and stakeholders in the company's execution capabilities, technical expertise, and commitment towards quality infrastructure development across the CGD Energy sector.

The intimation was signed by Mr. Malhar Pankaj Desai, Whole-time Director, on 14th May, 2026.