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BOM:539686

3 stories mentioning BOM:539686Updated 23d ago

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Asia

Desco Infratech Bags Order Worth INR56 Million for Supply, Installation of Pipes and Cables; Shares Down 3%

Desco Infratech (BOM:544387) has secured an order worth 56.2 million Indian rupees from KP Energy and GAIL Gas, according to a BSE filing on Wednesday.The contract is for the supply and installation of works relating to cable laying, HDPE pipes, optic fiber cable works, termination kits, and allied infrastructure works.It also includes a hiring contract for laying of underground MDPE pipeline and associated works for Gail Gas Bengaluru city gas distribution projects.The company's shares were down over 3% in recent trade.

BOM:539686BOM:544387NSE:KPEL
Asia

Desco Infratech Bags New Order Worth INR32 Million for Infrastructure Services

Desco Infratech (BOM:544387) has received an order worth 31.5 million Indian rupees from Green Gene Enviro Protection and Infrastructure and KP Energy (NSE:KPEL, BOM:539686), according to a BSE filing on Tuesday.The contract is for providing site remediation and cleaning services, and for the supply, installation, and cable laying work, including HDPE pipe supply, underground cable laying, and related infrastructure work.

BOM:539686BOM:544387NSE:KPEL
Asia

K.P. Energy Gets Inter-State Electricity Trading Licence in India; Shares Up 5%

K.P. Energy Ltd. (NSE:KEPL, BOM:539686) has received an inter-state electricity trading licence from the Central Electricity Regulatory Commission (CERC), according to a Thursday filing to the Indian stock exchanges.This approval will allow the company to undertake electricity trading across states and participate in nationwide power markets beyond region-specific offtake arrangements.It will help the company to engage with a broader customer base, including utilities and commercial and industrial consumers. It will also participate in exchange-led and short-term markets, as well as in long-term contracting strategies.The company's shares were up nearly 5% in recent trade.

BOM:539686NSE:KEPL

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