StockWatch
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Civil Construction
Deals13 Aug 2026, 02:31 pm

Desco Infratech emerges L1 bidder for Indian Oil project

AI Summary

Desco Infratech Limited has been declared the Lowest Bidder (L1) for a tender floated by Indian Oil Corporation Limited. The contract involves Last Mile Connectivity (LMC) and Direct Marketing Agency (DMA) works for a City Gas Distribution project in Vizag, Andhra Pradesh. The scope includes laying, testing, and commissioning of underground and above-ground pipelines, as well as direct marketing services for PNG connections to domestic, industrial, and commercial consumers. Further details will be provided upon receipt of the Letter of Intent (LOI) or Letter of Award (LOA).

Key Highlights

  • Desco Infratech is the L1 bidder for an Indian Oil Corporation project.
  • The contract covers Last Mile Connectivity and Direct Marketing Agency works.
  • Project involves City Gas Distribution infrastructure in Vizag, Andhra Pradesh.
  • Scope includes pipeline installation and PNG connection marketing.
  • Further details expected upon receiving LOI/LOA.