Techno Electric Engineering Company Ltd (Techno) has targeted a total order inflow of Rs.3,500 crore during the whole of FY25.
In an investor call, the senior management of Techno said that it was anticipating to close the current fiscal year FY25 with a total order inflow of over Rs.3,500 crore.
During the third quarter (Q3: October to December) of FY25, Techno received orders worth Rs.1,100 crore. Besides, the company was confident was getting orders worth Rs.2,000 crore that would take the total order inflow in FY25 to over Rs.3,500 crore.
As of December 31, 2024, Techno’s outstanding order book position was Rs.9,700 crore, and it was placed L1 in mandates worth Rs.1,600 crore.
Techno expects to close FY25 with an unexecuted order book position of over Rs.10,000 crore that would be the highest in the company’s history.
Techno is also expecting to participate in STATCOM orders that the company earlier executed in partnership with foreign partners. Techno, it is learnt, is now eligible to execute such orders on its own merit.
It is learnt that Techno currently has an unexecuted order book worth Rs.6,000 crore in the power transmission EPC space, and is expecting to win orders worth Rs.2,500 crore per year, over the next 2-4 years, in this segment. This excludes EPC contracts related to Techno’s own ISTS-TBCB projects.
It may be mentioned that the company has won two ISTS concessions that are housed under NERES XVI Power Transmission Ltd and NERGS-I Power Transmission Ltd. These two projects are together expected to yield a total revenue stream of Rs.2,800 crore during the entire concession period.
Smart metering
Under RDSS, Techno has so far won two projects envisaging the rollout of 2.5 million smart meters. Of this, around 0.5 million meters have already been deployed. The company expects to win orders for around 1 million meters per year, in the coming years.
Also read: Techno Electric wins its second ISTS-TBCB scheme
Featured photograph (source: Techno) is for representation only
