Desco Infratech Limited has emerged as the successful bidder at the L1 stage for a significant project awarded by Bharat Petroleum Corporation Limited (BPCL). The project involves Last Mile Connectivity (LMC) and associated works, including District Metering Area (DMA) operations, for BPCL's City Gas Distribution (CGD) project in the Amethi-Pratapgarh-Raebareli region of Uttar Pradesh.

Project Details

Next Steps

Desco Infratech is currently awaiting the official Letter of Intent (LOI) or Letter of Award (LOA) from BPCL. The company has stated that it will provide further disclosures, including more detailed project information, once the formal award documentation is received.

Regulatory Compliance

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Desco Infratech has duly informed the BSE Limited about this development. The company's management, led by Mr. Malhar Pankaj Desai, Whole-time Director, has assured that additional details required under SEBI regulations will be disclosed upon receipt of the official LOI or LOA.

Upcoming Financial Results

In a separate announcement, Desco Infratech has scheduled a Board of Directors meeting for November 3, 2025, to consider and approve the unaudited financial results for the half-year ended September 30, 2025. The company has also implemented a trading window closure from October 1, 2025, which will remain in effect until 48 hours after the declaration of the half-yearly results.

This project win, if formalized, could potentially impact the company's future financial performance and order book. Investors and stakeholders are advised to await further official communications from the company regarding the final award and project details.

Desco Infratech has announced the receipt of significant orders totaling Rs. 3.09 crores from two prominent gas companies, marking a positive development for the infrastructure firm.

Order Details

The company has secured two separate orders:

1. A Letter of Intent (LOI) from Sabarmati Gas Limited (SGL) worth Rs. 1.82 crores
2. An order from Indraprastha Gas Limited (IGL) valued at Rs. 1.28 crores

Project Scope

The orders encompass various services:

Sabarmati Gas Limited (SGL)

• Laying, installation, testing, and commissioning of a 4-inch diameter steel gas pipeline
• Pipeline connectivity spanning approximately 11.5 kilometers in Patan GA
• Includes connections for Mandavrayji Petroleum and M/s. Gangotri Petroleum in Radhanpur

Indraprastha Gas Limited (IGL)

• Hiring services for repair and maintenance of PNG installations
• Customer complaint services for operations and maintenance control rooms in Ajmer GA

Contract Details

Company Statement

In a filing to the BSE, Desco Infratech stated, "This is to inform that pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we have received these orders." The company also clarified that the order from Sabarmati Gas Limited is in reference to an L1 bid previously intimated.

Impact and Outlook

These orders strengthen Desco Infratech's position in the gas infrastructure sector. The projects align with the company's core competencies in laying gas pipelines and providing maintenance services for PNG installations. As both orders are from domestic entities, they contribute to the company's growth within the Indian market.

Desco Infratech's ability to secure contracts from established players like Sabarmati Gas and Indraprastha Gas underscores its competitive standing in the industry. The successful execution of these projects could potentially lead to more opportunities in the growing natural gas infrastructure sector in India.

Investors and stakeholders will likely monitor the execution of these projects, as timely completion could positively impact the company's financial performance and reputation in the coming quarters.