Desco Infratech Secures Gas Pipeline Contract and Operational Positions
Desco Infratech secured an 11.5 km steel gas pipeline contract in Patan GA. The company won L1 position for O&M activities in Pune and L2 position for PNG services in PCMC areas, both for MNGL's CGD network. Desco also incorporated a new subsidiary, Desco Bio Green Private Limited, to enter the renewable energy sector, focusing on biogas and related products. The subsidiary has an authorized share capital of ₹10.00 lakh and a paid-up capital of ₹1.00 lakh.

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Desco Infratech Limited has made significant strides in expanding its presence in the gas infrastructure sector, securing multiple contracts and positioning itself for growth in various geographical areas.
Gas Pipeline Contract Win
Desco Infratech has emerged victorious in a bid for the construction of an 11.5 km steel gas pipeline in the Patan Geographical Area (GA). This project involves the laying, installation, testing, and commissioning of a 4-inch diameter steel gas pipeline. The pipeline will provide connectivity for Mandavrayji Petroleum and M/s. Gangotri Petroleum in Radhanpur, as part of a project by Sabarmati Gas Limited.
Operational Services Contracts
In addition to the pipeline project, Desco Infratech has achieved notable success in securing operational service contracts:
L1 Position in Pune: The company has been declared the successful bidder (L1) for operations and maintenance (O&M) activities in the Pune Geographical Area. This contract was awarded by Maharashtra Natural Gas Limited (MNGL) for their City Gas Distribution (CGD) network.
L2 Position in PCMC Areas: Desco Infratech has also secured the L2 position for providing support services for PNG (Piped Natural Gas) operations and maintenance of PNG connections in the Pimpri-Chinchwad Municipal Corporation (PCMC) areas. This contract is also part of MNGL's CGD network in Pune.
Expansion into Renewable Energy
In a strategic move to diversify its portfolio, Desco Infratech has incorporated a wholly-owned subsidiary named Desco Bio Green Private Limited. The new entity will focus on the renewable energy sector, particularly in the production and distribution of biogas, biomethane, and compressed biogas (CBG).
Desco Bio Green Private Limited aims to establish and manage infrastructure such as biogas plants, bio-digesters, purification systems, and related facilities. The subsidiary will also engage in the production of by-products like bio-slurry and organic compost, as well as research and development in waste-to-energy and other renewable energy solutions.
Financial Details of the Subsidiary
Item | Value |
---|---|
Authorized Share Capital | ₹10.00 lakh |
Paid-up Share Capital | ₹1.00 lakh |
CIN | U35200GJ2025PTC168126 |
Desco Infratech has subscribed to 10,000 equity shares at a face value of ₹10 each, totaling ₹1.00 lakh, to fully capitalize the new subsidiary.
These developments showcase Desco Infratech's commitment to expanding its footprint in both traditional gas infrastructure and emerging renewable energy sectors. The company's strategic moves position it for potential growth in diverse areas of the energy industry.
Historical Stock Returns for Desco Infratech
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-1.35% | -0.57% | +1.84% | +37.42% | +49.73% | +49.73% |