Desco Infratech Ltd successfully completes Major Underground Cable Infrastructure Project for a Company belonging to KP Group

Desco Infratech Limited has successfully completed and commissioned a major Underground (UG) Power Infrastructure Project awarded by a Company belonging to KP Group, marking another significant achievement in the Company's fast-growing infrastructure execution journey.

The project, executed at Hansot, Gujarat, involved comprehensive underground power infrastructure development including HDD-based cable laying, installation of HDPE pipes, cable jointing works, OFC cable laying, testing, commissioning, and allied infrastructure activities.

As certified by the Group Company through the issued Work Completion Certificate, Desco Infratech Limited successfully completed cable laying and commissioning for approximately 9,150 meters, demonstrating the Company's robust engineering expertise, efficient execution model, and capability to undertake technically demanding infrastructure projects.

The project was completed within the targeted execution schedule while maintaining stringent quality, operational, and safety standards, further strengthening the Company's reputation for timely delivery and reliable project execution.

Commenting on the achievement, Mr. Malhar Desai, Whole Time Director of Desco Infratech Limited, stated: "The successful completion of this project further validates Desco Infratech Limited's strong execution capabilities and growing positioning in the power and energy infrastructure sector. India's infrastructure and energy ecosystem is undergoing rapid transformation, creating substantial longterm opportunities in transmission, underground cabling, and utility infrastructure development. At Desco, we are continuously strengthening our operational capabilities, technical expertise, and execution bandwidth to capitalize on this growth cycle and create sustainable long-term value for our stakeholders."

He further added: "Our ability to deliver projects with quality and within committed timelines continues to enhance client confidence and strengthens our foundation for future business expansion. We remain focused on building a scalable infrastructure platform backed by execution excellence, operational discipline, and strategic growth initiatives."

Shares of Desco Infratech Limited was last trading in BSE at Rs. 249.30 as compared to the previous close of Rs. 243.50. The total number of shares traded during the day was 65500 in over 116 trades.

The stock hit an intraday high of Rs. 250.00 and intraday low of 244.00. The net turnover during the day was Rs. 16236775.00.

Source : Equity Bulls

Keywords

DescoInfratech INE0TGG01014 CivilConstruction MajorProject Completion