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Stock Report
DESCO Infratech Ltd announces strategic acquisition in Compressed Biogas Sector
Posted On : 2026-01-19 14:46:45( TIMEZONE : IST )
DESCO Infratech Limited ("DESCO" or "the Company") is acquiring Shri Green Agro Energies Private Limited (SGAEPL), marking its entry into the Compressed Biogas (CBG) segment as part of its long-term clean energy strategy.
The acquisition provides DESCO with an advanced-stage CBG project, enabling accelerated market entry while significantly reducing development and execution risks typically associated with greenfield projects. The project has already seen substantial capital investment, commercial arrangements are in place, and production is expected to commence in the near term.
The plant benefits from secured long-term feedstock supply arrangements and established infrastructure, including pipeline connectivity for direct grid injection with major gas transmission and distribution networks. All key land, statutory, and regulatory approvals have been obtained.
This acquisition is an important milestone in DESCO Infratech's clean energy roadmap. By integrating a project at an advanced stage of readiness, we are accelerating our expansion into the CBG sector while strengthening our sustainable energy portfolio.
The acquisition of Shri Green Agro Energies is a catalyst for our national clean energy ambitions. By integrating a project that is already at the finish line of development, we are significantly reducing our time-to-market while mitigating the execution risks inherent in the CBG sector. This is a key step in our journey to becoming a leading national player in gas distribution and sustainable energy.
Shares of Desco Infratech Limited was last trading in BSE at Rs. 165.80 as compared to the previous close of Rs. 170.50. The total number of shares traded during the day was 35500 in over 53 trades.
The stock hit an intraday high of Rs. 172.00 and intraday low of 160.00. The net turnover during the day was Rs. 5874850.00.
