Desco Infratech Wins Rs 39.6 Million GAIL Gas Contract

29 Sep 2025 CW Team

Desco Infratech gained 1.46 per cent to close at Rs 237 after securing a Rs 39.6 million contract from GAIL Gas, a government-owned PSU. The order involves laying underground MDPE pipelines and related works as part of the City Gas Distribution (CGD) project in Bengaluru, Karnataka.

The contract is set to be executed over 12 months from commencement, under the terms specified in the letter of award (LOA) issued by GAIL Gas following a domestic competitive tendering process. The company confirmed that there is no involvement of promoters, promoter group, or group companies of GAIL Gas, and the contract is not a related party transaction.

The project aligns with the central government’s push to expand natural gas infrastructure across urban India, promoting cleaner and more sustainable energy through extensive pipeline networks.

Desco Infratech specialises in engineering, planning, and construction across city gas distribution, renewable energy, water, and power sectors. For FY25, the company reported a 172.9 per cent rise in net profit to Rs 9.06 million on a 102.3 per cent increase in revenue to Rs 59.45 million compared with FY24.

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..