### **Overview** Ducon Infratechnologies Ltd., established in 2005, is a leading Indian Engineering, Procurement, and Construction (EPC) company specializing in **fossil fuel clean technology** and **industrial infrastructure solutions**. With nearly two decades of experience, the company serves as a key enabler of India’s transition to green energy and sustainable industrial operations. Ducon operates across multiple high-growth domains, including **Flue Gas Desulfurization (FGD), Bulk Material Handling, Rural & Urban Electrification, Integrated Security Solutions, Aerospace Engineering, and Green Hydrogen Technology**. It is recognized as a pioneer in **clean coal technologies**, with a strong portfolio of intellectual property and a market-leading position in Flue Gas Desulfurization systems. The company is strategically expanding into emerging cleantech and technology-driven verticals, aligning with national and global sustainability goals. --- ### **Core Business Segments** 1. **Clean Energy & Flue Gas Desulfurization (FGD)** - A core strength and market differentiator for Ducon, FGD technology enables industries to comply with stringent emission norms set by the Ministry of Environment, Forest and Climate Change (MoEF). - Ducon has installed **India’s first seawater FGD system** at the Dahanu Power Plant (500 MW) and the **first wet limestone FGD system** at the 2x600 MW Udupi Power Plant. - Offers **limestone, seawater, and dry sorbent injection-based FGD systems** to power, steel, cement, and oil & gas sectors. - Provides **full turnkey solutions**, including effluent treatment systems and air pollution control equipment (wet scrubbers, bag filters, cyclones). 2. **Bulk Material Handling Systems** - Ducon is a top-tier provider of **automated dry bulk material handling solutions**, serving industries such as power, cement, steel, alumina, and petrochemicals. - Systems cover **unloading, storing, reclaiming, weighing, and processing** of materials like coal, fly ash, alumina, and limestone. - Technologies include belt conveyors, pneumatic conveying (lean/dense phase), pipe conveyors, silo systems, rail/tanker unloading, and DU-SILO Fluidizer systems. - Notable projects include **India’s largest material handling system** at Hindalco’s Lapanga and Sambhar smelters, and handling packages for Vedanta, NALCO, IOCL, and SAIL. 3. **Rural & Urban Electrification** - Execution of projects under government schemes: **DDUGJY (Rural Electrification)** and **IPDS (Urban Electrification)**. - Scope includes construction and augmentation of **33/11 kV substations**, **11 kV and 33 kV transmission lines**, and smart metering. - Plans to significantly scale up volume in this segment, leveraging EPC expertise and existing project pipeline. 4. **Integrated Security Solutions with AI** - Launched a new vertical using **VICON**, a U.S.-based subsidiary under the DUCON group, offering **AI-powered CCTV, video management systems (VMS), and NDAA-compliant surveillance solutions**. - Deployed in Indian PSUs, government departments, and large industrial complexes. - Focus on bidding for AI-based monitoring systems in transportation, industrial, and commercial sectors. 5. **Emerging Growth Verticals: Green Hydrogen & Aerospace** - Entered strategic collaborations to tap into future markets: - **Green Hydrogen**: Through subsidiary **Hydrofule** (USA), Ducon is developing **high-efficiency solar-to-hydrogen electrolyzers** using hybrid photoelectrodes targeting **>70% conversion efficiency**, aimed at reducing production costs. - R&D includes IP filing, with projections of a **$9.8 billion global green hydrogen market by 2028**. - **Aerospace Engineering**: Signed JV MoU with **Germany’s deltaVision** to manufacture **fluid control systems** for rocket propulsion and **hydrogen fuel delivery** in India. - Plans to establish **manufacturing units in India** for green hydrogen components and aerospace systems. --- ### **Strategic Initiatives (2025 Focus)** #### **IQ Energy AI Platform (Launched October 2025)** - **AI-powered energy optimization platform** developed to enhance efficiency and reliability in power plant operations. - **Target users**: Utilities and energy-intensive industries (chemicals, steel, cement) facing rising demand from AI data centers. - **Key Capabilities**: - Predictive maintenance - Efficiency optimization - Probabilistic load forecasting - Renewable integration - **Deployment Flexibility**: Cloud, hybrid, or on-premises. - **Integration**: Open APIs for CMMS, SCADA, DCS systems. - **Expected Benefits**: - **30% reduction in unplanned downtime** - **10–15% improvement in fuel efficiency** - **15–20% lower forecasting errors** - Potential **global savings of over $100 billion** over 10 years for utilities and industries. - Positioned as a **strategic tool for the AI-driven energy era**, combining sustainability, cost-reduction, and grid reliability. #### **Carbon Capture, Utilization & Storage (CCUS) R&D** - Investing heavily in **solvent-based carbon capture technology** for high-emission sectors (power, steel, cement). - Focus on **proprietary solvent blends**, optimized absorber/stripper designs, and heat integration to minimize energy penalties. - Development stages: Bench-scale testing → Process modeling → Pilot-scale system. - Aligned with India’s growing **CCUS market (CAGR of 10.3% from 2025–2030)** and anticipated national carbon trading framework. - Aims to become a **bankable technology partner** for industries meeting CO₂ reduction targets. --- ### **Financial & Operational Highlights** - **Revenue Streams**: Primarily driven by **EPC contracts** in FGD and Bulk Material Handling, with increasing contributions from electrification and new verticals. - **Profitability Outlook**: Improving as company shifts from lower-margin segments (e.g., electrification) to **high-margin core technologies (FGD, MHS)** and recurring revenue from **O&M, solvent management, and software platforms**. - **Subsidiaries**: - **Ducon Combustion Equipment Inc. (USA)**: Established 2017; reported ₹10,389 lakhs in operational income and ₹258 lakhs net profit (FY24). - **Procurement Strategy**: - Direct equipment sourcing from manufacturers with favorable pricing. - Fabricated materials through partnerships at steel hubs (Rourkela, Bokaro, Haldia) under open credit. - Tools & tackles outsourced lump-sum to reduce working capital burden. --- ### **Corporate Structure & Heritage** - **Parent Origin**: The Ducon Group was founded in the **USA in 1938**, giving the company deep-rooted engineering expertise and international access. - **Indian Operations**: Ducon Infratechnologies Ltd. (BSE: 534674, NSE: DUCON) is a mid-sized EPC player with strong technical and project execution capabilities. - **Subsidiaries**: - Ducon Combustion Equipment Inc. (USA) - VICON (U.S.-based security brand) - Hydrofule (R&D-focused green hydrogen division) ---