Desco Infratech Secures New Contracts Worth INR21 Million

MT Newswires Live
10 Jul

Desco Infratech (BOM:544387) has emerged as the lowest bidder for a contract floated by Maharashtra Natural Gas and has received orders from Torrent Gas Chennai, and HCG (KCE), according to a BSE filing on Thursday.

The orders are estimated to be cumulatively worth 20.6 million Indian rupees.

The contracts are for domestic piped natural gas (DPNG) work for high-rise buildings at Chennai, India, and domestic, industrial, and commercial customer work including installing service lines of PNG connections in high-rise buildings at Hisar in Haryana.

The company's shares were up over 2% in recent trade.

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