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Desco Infratech has informed that Desco Infratech has emerged as the L1 (Lowest Bidder) for the following project floated by Oil and Natural Gas Corporation Limited (ONGC): ‘Replacement of 24 Inch Crude Oil Transfer Pipelines from ONGC Trombay Terminal to BPCL and HPCL Refineries at Uran Plant’. As per the BOQ Summary Details, the Company secured the first position (L1) amongst various industry participants. This development marks another significant milestone in the Company’s expanding footprint within India’s oil & gas and hydrocarbon infrastructure sector. The scope of the project involves replacement and strengthening of critical crude oil transfer pipeline infrastructure connecting the ONGC Trombay Terminal with refinery facilities of BPCL and HPCL at Uran Plant. The project is strategically important for ensuring safe, efficient, and uninterrupted transportation of crude oil within the country’s energy infrastructure network.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Larsen & Toubro 3915.00
Kalpataru Projects 1435.05
NCC 141.00
Rail Vikas Nigam 205.00
KEC International 406.45
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