### **Overview** Techno Electric & Engineering Company Ltd (TEECL) is a 62-year-old, fully integrated power infrastructure solutions provider with over four decades of experience in India’s power sector. Headquartered in Kolkata and established in 1963, TEECL operates across engineering, procurement, and construction (EPC), asset deployment, and asset ownership, serving central and state public sector utilities, DISCOMs, captive power plants, and industrial clients. The company is listed on the BSE and NSE, holds a stable AA credit rating from CRISIL, and maintains a debt-free balance sheet with strong cash reserves. TEECL has been instrumental in shaping India’s power landscape, contributing to 50% of the national grid and over half of the country’s power generation projects. With a proven zero-penalty delivery record across over 500 completed projects, the company leverages deep technical expertise, end-to-end project execution capabilities, and long-standing partnerships with CPSUs and state utilities. --- ### **Core Business Segments** TEECL operates across three strategic verticals: 1. **Engineering, Procurement & Construction (EPC)** 2. **Asset Deployment & Ownership (BOOT/DBFOOT Models)** 3. **Digital & Sustainable Infrastructure (Data Centres, FGD, Smart Metering, Renewable Energy)** As of March 31, 2025, **99% of total revenue is derived from EPC**, primarily in transmission, power quality systems, and generation infrastructure. --- ### **Strategic Growth Verticals** TEECL’s growth is anchored in three high-potential, future-ready verticals: **Transmission EPC, Smart Metering (AMI), and Data Centres**. | Key Area | Highlights | |--------|-----------| | **Transmission EPC** | - Order book: ₹7,495 crores (68.45% of total) | | - Projects include 765 kV AIS/GIS substations, STATCOM, VSC-HVDC | | - Recently executed Sikar-II 765/400 kV substation for Power Grid Corporation to evacuate 8.1 GW of solar power from Rajasthan | | - Active in TBCB model; 5 TBCB projects awarded (3 fully monetized, 2 under development) | **Smart Metering (AMI)** | - Order book: ₹2,170 crores | | - Delivered over 2.5 million smart meters; 100% of orders from repeat clients since FY23 | | - Key RDSS projects: 400,000 meters in Indore (MPPKVVCL), ~1.5 lakh in Jammu & Kashmir (Phases I & II) | | - Deploying under DBFOOT model: end-to-end ownership of procurement, installation, IT backend, O&M | | - Market potential: 222 million smart meters to be installed under RDSS (195 million pending) | | **Data Centres** | - Entry in 2021 via **Techno Digital Infra Pvt. Ltd.** | | - ₹64.9 crores in execution; ₹1 billion (~₹8,300 crores) planned investment by 2030 | | - Focused on **hyperscale** and **edge data centres** with AI-ready, Tier 3+ infrastructure | | - Target: **250 MW** of IT load by 2030; **50 MW by FY26-27** | | - Chennai hyperscale DC (36 MW) nearing completion; Gurugram Edge DC operational; Kolkata (18 MW) underway | | | - Partnership with **RailTel** to build **102 edge data centres** across Tier 2/3 cities using 61,000+ km national fibre network | | - PUE targeted at **<1.5**, with PUE 1.35 achieved at Chennai; CUE: 0.02 kg CO₂/kWh | | - 20-year concession, extendable by 5 years; supports **sub-50 ms latency** to ~40% of India’s population | --- ### **Flue Gas Desulphurisation (FGD)** TEECL is a growing force in India’s emission control space: - **Order Book: ₹1,081 crores** (9.87% of total) - Commissioned ₹319 crore project for DVC’s 500 MW plant - Under execution: ₹1,455 crores for Rajya Vidyut Nigam Ltd - Bidding pipeline: ₹1,000 crores - Target: ₹500 crores in annual FGD revenue - Partnerships with global tech leaders (e.g., K C Cottrell of South Korea) --- ### **Asset Ownership & Concession Models** TEECL deploys capital-light, revenue-generating models: | Model | Application | Key Features | |-------|-------------|-------------| | **BOOT / DBFOOT** | Transmission, AMI | 35-year concessions; own, finance, build, operate, transfer systems; generates annuity income | | **Concession** | Data Centres | 20-year term + 5-year extension; operates 102 edge sites with RailTel | | **Asset Monetization** | TBCB Projects | Divested stakes in Jhajjar KT, Patran, Kohima Mariani; unlocked **₹4,000+ crores** in capital | --- ### **Engineering & EPC Capabilities** TEECL delivers complex power infrastructure with in-house MEP, civil, and electrical expertise: - **Substations:** AIS/GIS up to 765 kV, hybrid designs up to 220 kV - **Power Quality:** STATCOM up to 250 MVAR, BESS, HVDC - **Industrial EPC:** Turnkey captive power plants (up to 200 MW), FGD, balance-of-plant systems - **Project Execution:** Completed projects in 17 locations (FY24–25), including challenging timelines --- ### **Renewable Energy & ESG** - Operated 129.9 MW wind assets in Tamil Nadu and Karnataka (divested post-FY21 for portfolio focus) - Past green power revenue: 8–10% of total, 34% of EBITDA - Chennai data centre powered by **captive wind energy**, enabling **carbon-neutral operations** - Target: Net-zero data centres; use of renewable energy, BESS, and ultra-efficient cooling systems --- ### **Digital Transformation & Data Centre Strategy** TEECL’s data centre growth is built on three pillars: 1. **EPC & MEP Engineering Excellence** (70% of data centre CAPEX) 2. **Renewable Energy Integration** 3. **Large-Scale Infrastructure Development Experience** **Projects in Pipeline (2024–2029):** - **Hyperscale DCs:** Chennai (36 MW), Noida (18 MW), Kolkata (13 MW) - **Edge DCs:** 102 locations via RailTel; 5 by FY25-26, 10 by FY26-27 - **Metro Edge Sites:** Mumbai (800 kW), Gurugram (400 kW) - Full-stack development: design, procurement, MEP, commissioning, O&M --- ### **Leadership & Strategic Partnerships** - **James Trout** (ex-CEO, Vantage Data Centers; CEO, Clean Arc Data Centers) advises on data centre strategy - **Mr. Shailesh Kumar Mishra** (ex-NTPC, POWERGRID, SECI) brings deep sector and renewable expertise - **Global Alliances:** Partnerships with global tech leaders for STATCOM, HVDC, and emission control systems - **RailTel JV:** Landmark concession to build India’s largest distributed data centre network --- ### **Recent Wins & Execution (2023–2025)** - Smart metering project for **MPPKVVCL, Indore (400,000 units)** - Sikar-II 765/400 kV AIS substation (Rajasthan) – completed in 12 months despite land delays - 400 kV switching station and double-circuit line at **Bokajan, Assam** - 2x500 MVA GIS substation (Kasargoda & Udupi) under World Bank-funded NER project - 33/11 kV substations in **Srinagar, J&K** under PM Development Package - 400/220/132 kV GIS substation in **Mohanlalganj, UP** via TBCB - TBCB transmission projects in **Haryana, Punjab, Nagaland**