Latest news with #Desco
Zawya
04-07-2025
- Business
- Zawya
How Desco is tackling Africa's e-waste?
Africa's digital revolution comes at a cost: e-waste. More than 2.9 million tonnes of e-waste are generated annually across the continent, yet less than 5% is formally recycled. The rest ends up in landfills, informal dumps, or is burned, releasing toxins and missing out on valuable materials. This silent wave of waste is not only an environmental concern - it's a missed economic opportunity. 'We're not just recycling electronics,' says Giulio Airaga, MD at Desco. 'We're building the infrastructure for a circular economy, one that creates jobs, protects the environment, and delivers measurable value.' From secure data destruction to environmentally sound recovery and second-life refurbishment, Desco recovers precious metals such as gold, copper, and palladium - materials that are often more concentrated in circuit boards than in mined ore. The company also aligns with African practices with global frameworks such as the Basel Convention and Extended Producer Responsibility (EPR). All rights reserved. © 2022. Provided by SyndiGate Media Inc. (
Business Upturn
12-05-2025
- Business
- Business Upturn
Desco Infratech secures new orders worth Rs 44.77 crore from IOCL, BPCL, Torrent Gas
By Aditya Bhagchandani Published on May 12, 2025, 15:05 IST Desco Infratech Limited announced on May 12 that it has secured fresh orders totalling Rs 44.77 crore from Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL), and Torrent Gas Limited. The company informed the BSE under Regulation 30 of the SEBI LODR Regulations. These domestic contracts cover last-mile connectivity (LMC), direct marketing activities (DMA), and associated works in the city gas distribution (CGD) space, specifically in Andhra Pradesh, Telangana, and Tamil Nadu. The orders are to be executed as per individual contractual timelines. Importantly, the company clarified that these are not related party transactions and the promoters have no interest in the awarding entities. Desco further highlighted that these confirmed orders represent nearly 64% of its revenue for FY25 (excluding GST), indicating strong operational momentum. The contracts underline Desco's growing presence in the gas infrastructure and utility services domain. The company reiterated its commitment to timely and quality execution in alignment with national energy objectives. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
