TECHNOE is Hammering and Trapped At All Time High
TEECL, headquartered in Kolkata, is promoted by Mr P P Gupta, who is assisted by a team of professionals. It undertakes turnkey engineering, procurement and construction (EPC) projects, predominantly in the power sector, across generation, transmission, and distribution segments. In fiscal 2015, the company received the Best Safety Award from Power Grid. TEECL entered the renewable power generation space in 2009 with 45 megawatt (MW) of wind energy assets by acquiring Super Wind. It acquired Simran Wind Project Ltd (Simran) in 2009, which had installed capacity of 50.45 MW that was subsequently scaled up to 162.35 MW. The company divested 44.45 MW and 33 MW of capacity of Simran in May 2015 and January 2017, respectively. TEECL got its current name post its merger with Simran.
For the nine months through December 2023 profit after tax (PAT) was Rs 200 crore over total income of Rs 1198 crore compared with Rs 126 crore and Rs 516 crore, respectively, in the corresponding period the previous year.
Current
Order Book is
Rs 1600 Crores
Techno is targeting for
Rs 2000 - 2500 crores
every year in its segment
Techno envisages to develop
250 MW of Data Centers with
a capex of over USD 1.3 billion
in the next 5-6 years
As per, Gazette notification (GOI) all Thermal Power Plants
need to limit their sulphur emission.
Total Target is for 211.52 GW (67.25 GW by Central Govt.,
67.74 GW by State Govt. and 76.528 GW by private players)
by 2026.
Of these, around 10.6 GW is already installed, and bids for
102.96 GW are already awarded.
Bids for 23.67 GW has been opened
Around 71.42 GW are around various stages before being
awarded.
They have received the contract for 500 MW from DVC for Rs
3190 million (already commissioned) and an order worth Rs
14550 million from Rajasthan Rajya Vidyut Nigam Ltd.
They have tenders worth Rs 1000 crores under bidding in the
pipeline
Govt. of India plans to grow from 1 mn smart meters to 250 mn smart meters
Till now total smart meters sanctioned for installation is 229.8 mn
Out of the above, around 8.64 mn meters have been installed till now, and rest are
under various stages of implementation.
Currently, most of the orders getting bided are on the RDSS Scheme (87.71% of the
sanctioned meters)
Techno has received orders for 3.77 lakh meters at Jammu & Kashmir
Techno has also got an order worth Rs 633.23 crores for 5.53 lakh smart meters at
Indore and J&K for 7.25 lakh meters worth 1041 crores under the DBFOOT model.
Techno is bidding for various projects for 40 Lakh meter projects worth Rs 4500
crores.
For the nine months through December 2023 profit after tax (PAT) was Rs 200 crore over total income of Rs 1198 crore compared with Rs 126 crore and Rs 516 crore, respectively, in the corresponding period the previous year.
Current
Order Book is
Rs 1600 Crores
Techno is targeting for
Rs 2000 - 2500 crores
every year in its segment
Techno envisages to develop
250 MW of Data Centers with
a capex of over USD 1.3 billion
in the next 5-6 years
As per, Gazette notification (GOI) all Thermal Power Plants
need to limit their sulphur emission.
Total Target is for 211.52 GW (67.25 GW by Central Govt.,
67.74 GW by State Govt. and 76.528 GW by private players)
by 2026.
Of these, around 10.6 GW is already installed, and bids for
102.96 GW are already awarded.
Bids for 23.67 GW has been opened
Around 71.42 GW are around various stages before being
awarded.
They have received the contract for 500 MW from DVC for Rs
3190 million (already commissioned) and an order worth Rs
14550 million from Rajasthan Rajya Vidyut Nigam Ltd.
They have tenders worth Rs 1000 crores under bidding in the
pipeline
Govt. of India plans to grow from 1 mn smart meters to 250 mn smart meters
Till now total smart meters sanctioned for installation is 229.8 mn
Out of the above, around 8.64 mn meters have been installed till now, and rest are
under various stages of implementation.
Currently, most of the orders getting bided are on the RDSS Scheme (87.71% of the
sanctioned meters)
Techno has received orders for 3.77 lakh meters at Jammu & Kashmir
Techno has also got an order worth Rs 633.23 crores for 5.53 lakh smart meters at
Indore and J&K for 7.25 lakh meters worth 1041 crores under the DBFOOT model.
Techno is bidding for various projects for 40 Lakh meter projects worth Rs 4500
crores.
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