Desco Infratech gets Electrical Contractor's Licence from Gujarat Govt

Regulatory Product ApprovalBusiness Updates View source PDF

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₹198.50

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₹193.70

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AI summary

Desco Infratech has been granted a five-year Electrical Contractor's Licence by the Government of Gujarat, Energy and Petrochemicals Department. The licence allows the company to undertake and execute electrical installation works in Gujarat. Management says this strengthens its operational capabilities in the electrical infrastructure segment and enables it to participate in more projects. No immediate quantifiable monetary impact has been stated.

Likely market impact

Positive for Gujarat electrical infrastructure business expansion; no immediate financial impact quantified.