India, June 19 -- Desco Infratech Ltd has received a Letter of Intent (LOI) from Sabarmati Gas Ltd, a joint venture between GSPC and BPCL, for the execution of a gas pipeline infrastructure project valued at approximately Rs 15.06 crore.
The order follows the company's earlier announcement that it had emerged as the lowest bidder (L1) for the tender. The scope of work includes the laying, installation, testing, and commissioning of 4-inch, 6-inch, and 8-inch diameter steel gas pipelines to provide connectivity to an FDODO CNG station.
The contract has been awarded by a domestic entity and will be executed as per the timelines specified in the agreement. Desco Infratech also clarified that neither its promoters nor group companies have any...