Intimation under Reg 30-Strategic entry into power and transmission sector and receipt of orders totaling Rs. 37 Lacs
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Desco Infratech Ltd has announced its entry into the Power & Transmission Infrastructure sector, expanding beyond its existing gas pipeline and utility business. The company has received an initial order worth Rs. 37,08,862 (inclusive of GST) from KP Group entities — KPI Green Energy Limited, KPIG Energia Pvt. Ltd, and Sundrops Energia Private Limited. The work involves DP installation in Gujarat and is a domestic order. The new sector will cover EPC of transmission lines and substations, laying of HT/LT underground and overhead power cables, and urban/industrial electrical infrastructure projects.
While the order value is modest, this marks a strategic diversification into a high-growth sector aligned with India's infrastructure push. For shareholders, the real significance lies in the company's pivot into power infrastructure rather than the size of this first order, as it could unlock larger future contracts in the transmission space.