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Desco Infratech wins bid for ONGC pipeline replacement project

pre-market1 source ↓written by the desknot a recommendation

Desco Infratech Limited has emerged as the L1 bidder for the replacement of 24 Inch Crude Oil Transfer Pipelines project by Oil and Natural Gas Corporation Limited (ONGC). This project is crucial for enhancing crude oil transfer infrastructure between ONGC's Trombay Terminal and BPCL and HPCL refineries at Uran Plant.

This development may positively impact Desco Infratech's order book and market position in the energy sector. 📈

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 14 May 2026, 07:19 IST.

Sourcesnews.google.com

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