IOCL Awards ₹3.03 Crore Order to Desco Infratech for Vizag Gas Works

Mumbai, September 9, 2026: Indian Oil Corporation Limited (IOCL) has awarded a project worth ₹3.03 crore to Desco Infratech Limited for carrying out Last Mile Connectivity (LMC), GI Installation and Direct Marketing Agency (DMA) works in the Vizag Geographical Area (GA) of Andhra Pradesh.

Desco Infratech received the Letter of Acceptance (LoA) from IOCL for the project, valued at ₹30,290,271, inclusive of GST.

The development follows the company's earlier disclosure dated August 13, 2026, when Desco Infratech had emerged as the L1 bidder for the IOCL project.

Under the contract, Desco Infratech will be empanelled as a contractor under the Zonal Rate Contract for LMC, GI installation and DMA works in the Vizag GA. The execution period will be as specified in the contract.

The order has been awarded by IOCL as a domestic entity. Desco Infratech has also clarified that its promoter or promoter group has no interest in IOCL.

The ₹3.03 crore order adds to Desco Infratech's project portfolio and gives the company an opportunity to undertake infrastructure and gas-related works for one of India's major public-sector energy companies.