MoneyWorks4Me

Desco Infratech has received a Letter of Intent (LOI) from Bharat Petroleum Corporation (BPCL) for execution of critical pipeline infrastructure works across multiple states in India. The LOI encompasses the key segments including 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, representing a significant multi-state mandate and strengthening the Company’s pan-India operational footprint. This development marks a strategic advancement in the company’s expansion within the oil & gas and city gas distribution infrastructure sector. The inclusion of both backbone steel pipeline works and last mile connectivity through MDPE networks highlights the company’s integrated execution capabilities across the entire infrastructure value chain.

Desco Infratech is mainly engaged in providing infrastructure and maintenance services to city gas distribution divisions in India.


Peers
Company Name CMP
Larsen & Toubro 3602.00
Kalpataru Projects 1260.35
NCC 114.70
Rail Vikas Nigam 181.05
KEC International 319.85
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