Deals17 Sept 2026, 12:04 pm
Desco Infratech Receives ₹5.86 Million LOI from Sabarmati Gas
AI Summary
Desco Infratech Ltd has announced the receipt of a Letter of Intent (LOI) from Sabarmati Gas Limited for the "Laying, Installation, Testing and Commissioning of 4" Dia. Steel Gas Pipeline in Aravalli GA, Gujarat for Steel Pipeline connectivity of M/s. Balaji Wafers Pvt. Ltd.". The contract value is Rs. 5,861,642.45/- inclusive of GST. This is a domestic order and does not involve any interest from promoters or promoter groups in the awarding entity.
Key Highlights
- Received LOI from Sabarmati Gas Limited.
- Contract value is Rs. 5.86 Million for pipeline project.
- Project involves laying and commissioning of steel gas pipeline.
- Order is from a domestic entity.
- No promoter interest in the awarding entity.
Price Impact
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