Desco Infratech (BOM:544387) has emerged as the lowest bidder for a contract floated by Maharashtra Natural Gas and has received orders from Torrent Gas Chennai, and HCG (KCE), according to a BSE filing on Thursday.
The orders are estimated to be cumulatively worth 20.6 million Indian rupees.
The contracts are for domestic piped natural gas (DPNG) work for high-rise buildings at Chennai, India, and domestic, industrial, and commercial customer work including installing service lines of PNG connections in high-rise buildings at Hisar in Haryana.
The company's shares were up over 2% in recent trade.