STOCKWATCH
·
Civil Construction
New Launch13 Feb 2026, 10:35 am

Desco Infratech Receives LOI from BPCL for Multi-State Pipeline Infrastructure Works

AI Summary

Desco Infratech Ltd has received a Letter of Intent (LOI) from Bharat Petroleum Corporation Limited (BPCL) for execution of critical pipeline infrastructure works across multiple states in India. The LOI encompasses steel pipe laying works, MDPE pipe laying works, and last mile connectivity works. The projects are spread across the states of Karnataka, West Bengal, Bihar, Maharashtra, Jharkhand, and Tamil Nadu. This development marks a strategic advancement in the Company’s expansion within the oil & gas and city gas distribution infrastructure sector, strengthening its pan-India operational footprint and reinforcing its position as a reliable infrastructure execution partner in the energy sector.

Key Highlights

  • Desco Infratech received a Letter of Intent (LOI) from BPCL for pipeline infrastructure works across multiple states in India.
  • The LOI includes steel pipe laying works, MDPE pipe laying works, and last mile connectivity works.
  • The projects are spread across Karnataka, West Bengal, Bihar, Maharashtra, Jharkhand, and Tamil Nadu.
  • This development marks a strategic advancement in the Company’s expansion within the oil & gas and city gas distribution infrastructure sector.
  • This move strengthens Desco Infratech’s pan-India operational footprint and reinforces its position as a reliable infrastructure execution partner in the energy sector.
DESCO
Civil Construction
Desco Infratech Ltd

Price Impact