Desco Infratech Ltd receives order from KP Energy Ltd

Desco Infratech has received a Purchase Order from KP ENERGY LIMITED amounting to Rs.1,91,73,799.00/- (Rupees One Crores Ninety-One Lacs Seventy-Three Thousand Seven Hundred Ninety-Nine Only).

The Company has successfully completed commissioning and gasification activities at Vizag Steel Plant under the Vizag Geographical Area (GA) project in association with Indian Oil Corporation Limited (IOCL).

The successful execution of this critical infrastructure milestone reflects the Company's strong technical expertise, operational capabilities, and commitment towards timely delivery of complex gas distribution and energy infrastructure projects. The project marks another significant achievement in strengthening Desco's presence in the City Gas Distribution (CGD) and industrial gas infrastructure segment.

The commissioning and successful gasification of the Vizag Steel Plant demonstrates the Company's capability to execute high-value industrial connectivity projects while maintaining stringent quality, safety, and operational standards.

Shares of Desco Infratech Limited was last trading in BSE at Rs. 243.40 as compared to the previous close of Rs. 252.70. The total number of shares traded during the day was 31000 in over 56 trades.

The stock hit an intraday high of Rs. 252.55 and intraday low of 242.00. The net turnover during the day was Rs. 7607325.00.

Source : Equity Bulls

Keywords

DescoInfratech INE0TGG01014 CivilConstruction OrderWin KPEnergy