### **Overview** **Mitcon Consultancy & Engineering Services Ltd (MITCON)** is a leading Indian technical consulting and engineering services firm with over **40 years of experience**, delivering **end-to-end ("Concept to Commissioning") solutions** across a wide range of sectors. Headquartered in **Pune**, the company has a robust national presence through regional offices in **Mumbai, New Delhi, Ahmedabad, Bengaluru, Nagpur, Nanded, Raipur, Nashik, Navi Mumbai, Gandhinagar, and Chennai**. MITCON is **ISO 9001:2015 certified** and aligns its operations with global sustainability goals, including the **UN Sustainable Development Goals (SDGs)**. The company serves public and private sector clients, including government bodies, PSUs, banks, financial institutions, and multinational corporations. --- ### **Core Business Divisions & Service Portfolio** MITCON operates through three primary strategic divisions: #### 1. **Business Advisory & Financial Engineering** - Offers **detailed project reports (DPR)**, **techno-economic viability (TEV) studies**, **lender’s engineer (LIE) services**, **loan syndication**, **financial restructuring**, and **M&A due diligence**. - Acts as a **technical financial advisor** to banks, NBFCs, and government agencies. - Empaneled with over **100 public sector entities**, including national/state road development corporations and urban local bodies. - Key services: **Transaction advisory, asset valuation, greenfield project planning, traffic studies, and IBA-compliant monitoring**. #### 2. **Skill Development & Training** - Brand name: **MITCON Skills and Training** - Has trained **over 2.7 million individuals** (as of Sep 2025), with a **75% placement rate**. - Offers **government-sponsored and fee-based programs** in: - Solar energy (e.g., **SURYA MITRA**) - Electric vehicles (EVs) - Wind energy - GIS, data science, and clinical research - Operates **four solar training centers** (Amravati, Nagpur, Wardha, MITCON Agri) with **eight solar training kits**. - Plans to expand with new training equipment to support solar park operations and EPC services. #### 3. **Climate Change & Sustainability (CCS)** - Focuses on **ESG reporting**, **carbon footprint assessments**, **net zero strategies**, **carbon credit projects**, and **lifecycle assessments**. - Expertise in **climate compliance**, **GHG accounting**, and **carbon markets**. - Provides support for **nature-based carbon credit projects**, including **mahogany plantation-based sequestration** via joint ventures. --- ### **Key Sectors & Expertise** MITCON offers integrated solutions across the following core sectors: | **Sector** | **Key Services & Highlights** | |-----------|-------------------------------| | **Energy Transition & Renewables** | - Full lifecycle services: feasibility, site selection, engineering, EPC, commissioning<br>- Solar, wind, hybrid, energy storage (BESS, pumped hydro), floating solar, offshore wind<br>- Over **5,000 MWp** of renewable capacity delivered since 1994; expanded into **solar EPC from 2017**<br>- Promotes **captive open access** for industrial/commercial consumers<br>- Owns operational solar assets through subsidiary **MITCON Sun Power Ltd (MSPL)** | | **Biofuels & Green Chemistry** | - Over **25 years of FEED expertise** in bioethanol (1G, 2G, 3G), biogas/CBG, biodiesel, green hydrogen, and drop-in fuels<br>- End-to-end concept-to-commissioning services for **sugar mills, distilleries, and cogeneration plants**<br>- Supports **Make in India** and **Atmanirbhar Bharat** missions<br>- Developing **bio-routes for bioethanol** and **CO₂-to-fuel (methanol)** technologies | | **Environmental Management** | - NABL-accredited and MoEFCC-recognized **environmental & food testing lab** (Pune)<br>- Offers **EIA**, **pollution load mapping**, **waste & wastewater management**, **monitoring & evaluation**, and regulatory compliance<br>- Lab serves **800+ industries**; uniquely approved by Government of Maharashtra for soil and compost testing | | **Water & Waste Treatment** | - Provides **design, EPC, O&M** services for municipal, industrial, and institutional sectors<br>- Advanced technologies: **MBBR, SBR, tertiary filtration**<br>- Offers **water audits**, **capacity building**, and **digital performance monitoring** | | **Infrastructure & Earth Observation** | - Engineering and project management for **roads, bridges, railways, and mixed-use developments**<br>- Subsidiary **Shrikhande Consultants Limited** expanding into **SAARC, Southeast Asia, South Africa, Bangladesh**<br>- Uses **AI/ML-integrated satellite data** for infrastructure monitoring (roads, power lines, solar parks, irrigation) | | **Biotechnology & R&D** | - R&D focus on **microbial solutions** for **green hydrogen**, **industrial bioremediation**, and **bioplastics**<br>- Lab-scale tech: biomass to **biochar/furfural**, **CO₂ to methanol**, **syngas to hydrogen**<br>- Proprietary **microbial consortium** for effluent treatment and biodegradation | --- ### **Subsidiaries & Associate Companies** MITCON has a diversified holding structure to support strategic expansion: | **Entity** | **Type** | **Key Activities** | |----------|--------|-------------------| | **MITCON Sun Power Ltd (MSPL)** | Wholly-owned subsidiary | Solar energy generation, EPC, and investment in solar parks | | **MSPL Unit 4 Ltd. & MSPL Unit 5 Ltd.** | Step-down subsidiaries | Developing 1.18 MW and 3.22 MW solar projects under Open Access Policy | | **Shrikhande Consultants Ltd** | Subsidiary | Infrastructure consultancy in roads, bridges, railways; active in PPP and government projects | | **MITCON Nature Based Solutions Ltd (MNBSL)** | Associate (50:50 JV) | Carbon credit generation via **mahogany plantation**, carbon sequestration | | **Planeteye Infra-AI Ltd** (formerly MITCON Rooftop Solar Pvt Ltd) | Step-down subsidiary | AI-driven infrastructure monitoring and geospatial analytics | | **Planeteye Farm-AI Ltd** | Associate (JV) | AI-powered **precision agriculture** and satellite-based farm intelligence | | **MINVEN Solar 02 Pvt Ltd** | New venture (Dec 2024) | Solar energy generation, equipment manufacturing, PPA-based electricity sales | --- ### **Innovation & R&D Initiatives** MITCON is actively investing in **sustainable technology innovation**: - **Front End Engineering Design Development (FEEDD)** for: - **Biochar plants** (5 TPD pilot) - **CO₂-to-fuel**, **sustainable aviation fuel (SAF)**, **bio-ether** - **Fermentation pilot plant** for **citric, succinic, and lactic acid production** - Achieved **TRL 5–6** in **CO₂ valorization** - Developing **biochar** for **climate-smart agriculture**, **soil regeneration**, and **carbon sequestration** - Integrates **Indigenous knowledge** (e.g., Amazonian Terra Preta) with scientific R&D - **Field trials** show **15–60% crop yield improvement** using bio-based interventions --- ### **Technology & Digital Platforms** MITCON leverages advanced digital tools: - **AI/ML-powered satellite analytics** for: - Monitoring **30.8 million hectares/month** of farmland in Maharashtra - Precision agriculture using **NDVI, NDWI, NDMI** - Platforms built on **Google Earth Engine, Python, FastAPI** - Proprietary **CropEye platform** for real-time **soil health monitoring** (pH, moisture, NPK, organic carbon) - Custom **web apps** (React.js, Tailwind CSS) for farmer and field officer coordination - **Digital 3D virtual tours** and **mobile apps** for training delivery and program monitoring --- ### **Ownership Projects & Renewable Assets** MITCON owns and operates: - **750 kW wind project** in Idukki, Kerala (commissioned 2008), selling power to **Kerala State Electricity Board** - **Three solar assets** through MSPL in Maharashtra: - 4.9 MW and 10 MW solar parks in Solapur (on 59 acres) - Combined capacity: **24.9 MW** - Power sold to **Solar Energy Corporation of India (SECI)** and captive consumers - **Biodiesel plant** at MITCON premises converting **used cooking oil (UCO)** into biodiesel; scalable for hotels/restaurants --- ### **Recent Financial & Capital Development (Nov 2024)** - Raised **₹591 lakhs** via rights issue: - **₹243 lakhs** to **MITCON Nature Based Solutions Ltd** (carbon projects) - **₹243 lakhs** to **MITCON Sun Power Ltd** (solar projects) - **₹149.91 lakhs** to **FEEDD** for **biochar, CO₂-to-fuel, and SAF** - Funds also for **lab upgrades** and **training instrumentation** --- ### **Competitive Advantages** - **Legacy & Credibility**: 40+ years of operations, strong reputation with government and private clients - **Integrated Service Model**: One-stop solution provider across **engineering, finance, compliance, and skill development** - **Repeat Client Base**: High client retention, diversified across sectors - **National Reach & Empanelment**: Presence in major Indian metros and empanelment with 100+ PSUs - **Innovation Leadership**: Active R&D in low-carbon technologies and bio-solutions - **Strategic Alliances**: JV partnerships and MoUs with **CIPET, MGIRI, VNIT, IGTR, SGGS**, etc.