Business Update8 May 2026, 03:09 pm
Desco Infratech Bags ₹1.92 Cr Order from KP Energy
AI Summary
Desco Infratech Ltd has received a purchase order worth ₹1.92 Cr from KP Energy Ltd for the supply and installation of underground cable related materials and execution works. The company also announced the successful completion of gasification and commissioning activities at Vizag Steel Plant in association with Indian Oil Corporation Limited (IOCL). This project strengthens Desco's presence in the City Gas Distribution (CGD) and industrial gas infrastructure segment.
Key Highlights
- Desco Infratech receives ₹1.92 Cr purchase order from KP Energy Ltd.
- Order involves supply and installation of underground cable materials.
- Desco completes gasification at Vizag Steel Plant with IOCL.
- Project enhances Desco's position in city gas distribution.
- Order inclusive of GST and to be executed as per contract.