Desco Infratech Receives Rs 166.69 Million ONGC Contract

Desco Infratech received a Notification of Award from ONGC for a Rs 166.69 million pipeline replacement project.
The contract involves replacing 24-inch crude oil transfer pipelines from ONGC's Trombay terminal to BPCL and HPCL refineries.
This is a domestic contract awarded without any promoter group interest or related party transaction concerns.
The disclosure is made pursuant to SEBI Listing Regulations following a prior intimation of being the L1 bidder.