Desco Infratech Ltd — Important, 15-05-2026: Company Update

Desco Infratech has secured a significant contract, receiving a Notification of Award from Oil and Natural Gas Corporation (ONGC). The project involves the replacement of 24-inch crude oil transfer pipelines from ONGC Trombay Terminal to BPCL & HPCL Refineries in Uran Plant. This domestic order is valued at Rs. 16.67 Crore. This contract win follows Desco Infratech being identified as the L1 bidder, reinforcing its operational capabilities and contributing positively to its order book and future revenue prospects.