Intimation to BSE of confirmed new orders totaling Rs. 6.64 Cr
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Desco Infratech has secured new orders worth Rs. 6.64 Crores (inclusive of GST) from two domestic clients. The larger order of Rs. 6.50 Crores comes from Viviana Power Tech Limited for development of distribution infrastructure under the Revamped Distribution Sector Scheme (RDSS) in Punjab, specifically HT/LT infrastructure loss reduction works. A smaller order of Rs. 14.45 lakhs has been received from Torrent Power Limited for HT cable laying using HDD technology in Gujarat. The company confirmed these are domestic orders with no related party interests or promoter group involvement.
These orders provide incremental revenue visibility for Desco Infratech in its core power distribution infrastructure segment. The RDSS-backed order from Viviana Power Tech is the more significant one, adding a government-scheme-backed project to the order book, though execution timelines and revenue recognition will depend on contract terms.