Maharatna PSU, BPCL awards pipeline work order to Desco Infratech Ltd

New Delhi:Infrastructure company, Desco Infratech Ltd has received a Letter of Intent (LOI) from state-owned Bharat Petroleum Corporation Limited (BPCL) for execution of critical pipeline infrastructure works across multiple states in India.

The LOI encompasses the following key segments:

· Steel Pipe Laying Works

· MDPE Pipe Laying Works

· 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.

The geographically diversified and multi-segment nature of the mandate is expected to:

1-Strengthen the Company’s order pipeline

2- Enhance medium-term revenue visibility

3- Improve scale efficiencies and resource deployment

4- Reinforce Desco Infratech Limited’s positioning as a reliable infrastructure execution partner in the energy sector

The receipt of this LOI from a reputed Maharatna PSU such as BPCL marks a significant milestone in the Company’s growth trajectory and aligns with its strategic focus on expanding its presence in the energy infrastructure domain.