Desco Infratech has emerged as the L1 (lowest) bidder for a steel gas pipeline project awarded by Sabarmati Gas Limited, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The project involves laying, installation, testing, and commissioning of 4, 6 & 8-inch diameter steel gas pipelines for FDODO CNG Station Connectivity across multiple geographical areas in Gujarat.

Project Overview

The following table summarises the key details of the project as announced:

Scope of Work

The project assigned to Desco Infratech involves a comprehensive set of activities related to steel gas pipeline infrastructure for providing connectivity to FDODO CNG stations across the specified geographical areas. The key components of the scope include:

• Laying of 4, 6 & 8-inch diameter steel gas pipelines across the designated locations in Gujarat
• Installing pipeline systems as per project specifications
• Testing of the installed pipeline network to ensure operational readiness
• Commissioning of the pipelines for active CNG station connectivity

As the L1 bidder, Desco Infratech has quoted the lowest price among all participating bidders, positioning the company as the preferred contractor for this infrastructure assignment. The company stated that the project will further strengthen its order book position and enhance its execution capabilities in the gas distribution infrastructure sector. Further disclosure, including details required under the SEBI regulations, will be made separately upon receipt of the Letter of Intent (LOI), Letter of Award (LOA), or Purchase Order from the concerned authority.

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.