DESCO Infratech (DESCO) is acquiring ‘Shri Green Agro Energies’ (SGAEPL), marking its entry into the Compressed Biogas (CBG) segment as part of its long-term clean energy strategy. The acquisition provides DESCO with an advanced-stage CBG project, enabling accelerated market entry while significantly reducing development and execution risks typically associated with greenfield projects. The project has already seen substantial capital investment, commercial arrangements are in place, and production is expected to commence in the near term.
The plant benefits from secured long-term feedstock supply arrangements and established infrastructure, including pipeline connectivity for direct grid injection with major gas transmission and distribution networks. All key land, statutory, and regulatory approvals have been obtained. This acquisition is an important step in DESCO’s clean energy roadmap. By integrating a project at an advanced stage of readiness, it is accelerating its expansion into the CBG sector while strengthening its sustainable energy portfolio.
Desco Infratech is mainly engaged in providing infrastructure and maintenance services to city gas distribution divisions in India.
| Company Name | CMP |
|---|---|
| Larsen & Toubro | 4094.95 |
| Rail Vikas Nigam | 303.10 |
| NCC | 161.30 |
| KEC International | 580.10 |
| Kalpataru Projects | 1232.90 |
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