Techno Electric & Engineering Company has bagged new orders of Rs 4,063 crore. These include transmission projects of Rs 2,201 crore and distribution projects of Rs 1,862 crore. The details are mentioned below:PowerGrid - Establishment/Execution of 765kV Substation Package, for Solar Energy Zone in Bidar Adani Transmission - Establishment/Execution of 765kV Substation Package, at Halvad, GujaratAparva Energy - Establishment/Execution of 765/400 KV Substation, at Karera, MP Millenium Challenge Account (MCA), Nepal- Establishment/Execution of 400kV Substation, at Lapsiphedi & New Hetauda and New Damauli, Nepal Indigrid Trust - Establishment/Execution of 4x500 MVA, 400/220 kV Pooling Substation, at Dhule, Maharashtra and Establishment/Execution of 2x1500 MVA, 765/400 kV and 2x500 MVA, 400/220 kV Substation, at Ishanagar, MP NERES XVI, POWER TRANSMISSION - Establishment/Execution of 400/220/132kV Substation, at GOGAMUKH, Assam Damodar Valley Corporation - Establishment/Execution of 12 x 33/11 KV EHouse GIS Substation with 33/11 KV cable work at DVC Comand Area of 120 km. REC Power Distribution Company - Installation and operation of Smart Meters in Tripura, Ranchi and Indore on DBFOOT Basis.Powered by Capital Market - Live News

Net profit of Techno Electric & Engineering Company rose 192.52% to Rs 91.88 crore in the quarter ended December 2023 as against Rs 31.41 crore during the previous quarter ended December 2022. Sales rose 76.26% to Rs 326.54 crore in the quarter ended December 2023 as against Rs 185.26 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales326.54185.26 76 OPM %17.2512.61 - PBDT97.2141.67 133 PBT95.2239.75 140 NP91.8831.41 193 Powered by Capital Market - Live News

Techno Electric & Engg. Company will hold a meeting of the Board of Directors of the Company on 13 February 2024.Powered by Capital Market - Live News

Techno Electric & Engineering Company has received orders worth Rs 1691 crore as detailed below:Sterlite Power Transmission has placed an order of Rs 199 crore for establishment/ execution of 765kV AIS Substation Package (Neemrana-II) in Rajasthan; PowerGrid Corporation of India has placed an order of Rs 451 crore for establishment/ execution of 765kV AIS Substation Package, 2x1500 MIVA at Sikar, Rajasthan and establishment/ execution of 765/400 kV Substation Package for Dausa and 765 kV Extension Package for Beawar, Rajasthan. REC Power Distribution Company has placed an order of Rs 1041 crore for installation and operation of 7.5 lac Smart Meters in Kashmir on DBFOOT Basis. Powered by Capital Market - Live News

Techno Electric & Engineering Company (TECHNO) has been awarded with orders worth Rs 1750 crore in Transmission and Distribution segment in the Normal Course of Business.The details are as follows: Transmission � Rs. 709 crore - 765kV AIS Substation Package (Neemrana-ll) in Rajasthan from Sterlite Power � Rs 199 crore - 765kV AIS Substation Package for Establishment of 765/400 kV, 2x1500 MVA at Sikar, Rajasthan from PowerGrid - Rs 223 crore - (i) 765/400 kV Substation Package for Dausa and (ii) 765 kV Extension Package for Beawar, Rajasthan from PowerGrid �-Rs 288 croreDistribution � Rs. 1041 crore- Advance Metering Infrastructure (AMI) in Kashmir on DBFOOT Basis from RECPDCL � Rs. 1041 crore Powered by Capital Market - Live News