June 29, 2020 (PPI-OT)

Following is the text of press release issued by Descon Oxychem Limited

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Descon Engineering FZE Hamriyah (HMW) has been awarded a 02 years Boiler Repair Services Contract for Installed base of 03 HRSG's and 02 FT Boilers by MIRFA Power Plant UAE. Al Mirfa Power Company (AMPC) was established in 1999 as power generation company in the UAE. And currently it operates across two sites, located at Al Ain which established in 1967 as first power station in UAE and Madinat Zayed in Abu Dhabi.

This is the fourth international long-term contract for Descon Aftersales Services. This contract is a testament to the outstanding services provided for current on-going 01 Year Boiler/HRSG Repair Services contract by Descon.

This initiative is in line with the Manufacturing Division's strategy of growing Aftersales Profitability geographically and in collaboration with global leading OEMs. We congratulate HMW's aftersales and proposals team on this strategic award and wish them luck on its successful completion.

For more information, contact:Descon Oxychem Limited18-KM Lahore - Sheikhupura Road, Lahore, PakistanTel: +92-42-37971822-24Fax: +92-42-37971831Email: DOL@descon.comWebsite: http://www.descon.com

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