Business Update13 May 2026, 12:00 pm
Desco Infratech Emerges as L1 Bidder for ONGC Project
AI Summary
Desco Infratech Limited has been declared the L1 (Lowest Bidder) for ONGC's project involving the replacement of crude oil transfer pipelines from ONGC Trombay Terminal to BPCL and HPCL Refineries at Uran Plant. This project is strategically important for ensuring safe and efficient crude oil transportation. The company's success strengthens its order pipeline and reinforces its position in the oil & gas infrastructure segment.
Key Highlights
- Desco Infratech is the L1 bidder for ONGC pipeline replacement project.
- The project involves replacing pipelines connecting ONGC Trombay to BPCL and HPCL Uran.
- This win strengthens Desco's position in the oil & gas infrastructure sector.
- Project execution will involve advanced engineering and stringent safety standards.
- Further details will be disclosed upon receipt of the Letter of Intent.