Deals3 Dec 2025, 09:37 am
Desco Infratech Ltd Secures Orders Worth Rs. 11.37 Cr from Avantika Gas Limited and Bharat Petroleum Corporation Limited
AI Summary
Desco Infratech Ltd has received a Letter of Intent (LOI) from Avantika Gas Limited (AGL) amounting to Rs. 9,92,63,493.74 and a Letter of Award (LOA) from Bharat Petroleum Corporation Limited amounting to Rs. 1,44,55,660.80. The contracts are for Operation & Maintenance Work of Steel, MDPE Pipeline Network and PNG Connections (Domestic, Industrial & Commercial) for Indore and Pithampur, Madhya Pradesh, and Operation & Maintenance of PNG-Dom & PNG-Comm Network & Connections: Anandpur Sahib City, Punjab respectively. The total consideration for the orders is Rs. 11,37,19,154.54 inclusive of GST.
Key Highlights
- Desco Infratech Ltd has secured orders worth Rs. 11.37 Cr from Avantika Gas Limited and Bharat Petroleum Corporation Limited.
- The contract with Avantika Gas Limited is for Operation & Maintenance Work of Steel, MDPE Pipeline Network and PNG Connections (Domestic, Industrial & Commercial) for Indore and Pithampur, Madhya Pradesh.
- The contract with Bharat Petroleum Corporation Limited is for Operation & Maintenance of PNG-Dom & PNG-Comm Network & Connections: Anandpur Sahib City, Punjab.
- The total consideration for the orders is Rs. 11,37,19,154.54 inclusive of GST.
- The contracts are awarded domestically.