Desco Infratech Limited ("the Company") has received the following Purchase orders in Power and Solar Infrastructure Segments totaling Rs. 40.43 Cr. from KP Group in the ordinary course of business:
1. Purchase Order from Sun Drops Energia Limited for execution of Solar Infrastructure Works; (Rs.39,33,58,900/- inclusive of GST) and
2. Purchase Order from KP Energy Limited for execution of Cable Laying with Digging in Gujarat. (Rs.1,09,15,295/- inclusive of GST
Over the past several years, Company has established a strong and expanding execution footprint across India's City Gas Distribution (CGD) sector. The Company has successfully executed steel pipeline laying works, MDPE distribution networks, and last-mile connectivity projects across multiple states, thereby contributing to the development of critical gas infrastructure across diverse geographies.
Through consistent project delivery, technical expertise, adherence to safety standards and structured project management systems, the Company has developed operational strength in underground utility infrastructure execution and multi-location deployment.
Building upon its well-established foundation in the City Gas Distribution (CGD) sector, the Company is now progressively transforming its operational profile by strengthening its footprint in the Power and Renewable Energy Infrastructure sectors. The expansion into these adjacent verticals reflects a capabilityled diversification strategy, leveraging the execution discipline and infrastructure expertise developed within the CGD ecosystem.
The Company's foray into power and solar infrastructure is not incidental but represents a calibrated and capability-driven expansion strategy. The execution discipline, safety standards, and multi-location deployment model built in the CGD sector provide a strong foundation for undertaking complex power and renewable energy projects.
The Purchase Order from Sun Drops Energia Limited enhances the Company's participation in the solar infrastructure space, aligned with the growing renewable energy landscape. The Purchase Order from KP Energy Limited reinforces the Company's expanding role in conventional power infrastructure execution.
Through this expansion, Company is steadily positioning itself as a diversified energy infrastructure execution company, with an operational presence spanning gas distribution, conventional power infrastructure, and renewable energy projects. This multi-vertical participation enhances the Company's sectoral depth while remaining aligned with its core execution competencies.
Shares of Desco Infratech Limited was last trading in BSE at Rs. 175.00 as compared to the previous close of Rs. 180.00. The total number of shares traded during the day was 4500 in over 9 trades.
The stock hit an intraday high of Rs. 180.00 and intraday low of 175.00. The net turnover during the day was Rs. 795350.00.