Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Desco Infratech has informed that the company has emerged as the L1 (Lowest Bidder) for the project pertaining to Laying, Installation, Testing and Commissioning of 4, 6 & 8-inch dia. Steel Gas Pipeline for FDODO CNG Station Connectivity in Gandhinagar GA, Mehsana GA, Patan GA in Gujarat and SGL Part B – Sabarkantha GA & Aravalli GA in Gujarat, awarded by Sabarmati Gas. The scope of work broadly includes laying, installation, testing and commissioning of steel gas pipelines for providing connectivity to FDODO CNG stations across the specified geographical areas. The Company believes that the said project will further strengthen its order book position and enhance its execution capabilities in the gas distribution infrastructure sector. Further disclosure, including the details required under the aforementioned SEBI regulations read with Master circular, shall be made separately upon receipt of the Letter of Intent (LOI) or Letter of Award (LOA) or Purchase Order from the concerned authority.
The above information is a part of company’s filings submitted to BSE.
