Techno Electric & Engineering Company Ltd (Techno) has targeted order inflows for the entire fiscal year FY26 in the region of Rs.3,000 crore.
In a recent investor call, Techno’s senior management said that the company was targeting additional order inflows of Rs.1,500 crore during the year, in addition to the comparable value already received, taking the cumulative order inflows in FY26 to around Rs.3,000 crore.
Here are some more takeaways from views expressed by the Techno management:
- As of September 30, 2025, Techno’s outstanding order book stood at Rs.9,957 crore. Power Grid Corporation of India Ltd (PGCIL) was Techno’s single-largest customer with an outstanding order book of Rs.2,098 crore, followed by Adani Energy Solutions Ltd with Rs.1,320 crore.
- Techno’s anticipated FY26 order inflow of Rs.3,000 crore includes the data centre business. In FY25, Techno’s order inflow was to the tune of Rs.4,150 crore.
- In its guidance provided during Q1FY26, Techno had indicated FY26 order inflows to be somewhat higher at Rs.3,500 crore.
- With respect to power transmission, the Techno management acknowledged that the supply chain was a bit constrained with respect to some products. However, Techno, due to its four-decade presence and good relationships with suppliers, enjoyed advantage over new players (EPC contractors).
- With the emergence of large-scale transmission projects and growing interest from long-term sovereign and infrastructure funds, Techno is evaluating strategic partnerships at the platform level and at the asset level, to jointly bid for TBCB projects, and also to expand the company’s participation in competitive opportunities.
- Techno currently is the AMISP (advanced metering infrastructure service provider) for four ongoing projects under RDSS, spread across Ranchi (0.53 million meters, Jharkhand), Agartala (0.43 million meters, Tripura), Kashmir (0.73 million meters, UT of J&K) and Indore (0.55 million meters, Madhya Pradesh), aggregating 2.25 million smart meters. Besides, 0.25 million smart meters have already been commissioned under two projects in Kashmir. The Indore project had the highest completion rate, of over 75 per cent, as of September 30, 2025.
- Techno is likely to show limited interest in upcoming smart metering tenders, for instance those in Tamil Nadu and Delhi, preferring to focus on completion of its current 2.25 million meter order book by September 2026.
TBCB concessions
Techno is currently developing two interstate transmission system (ISTS) schemes under the TBCB modality. These projects, both shaping up in northeast India, are housed under “NERES XVI Power Transmission Ltd” and “NERGS-I Power Transmission Ltd,” respectively. These two schemes, upon attaining commercial operations, will generate total revenue of around Rs.2,800 crore over the entire concession period, according to information disclosed earlier by Techno.
It may be recalled that during Q2FY26, Techno signed an agreement with IndiGrid Infrastructure Trust (IndiGrid) whereby the latter will acquire NERES XVI Power Transmission Ltd, post the commencement of commercial operations of the project and receipt of all requisite approvals. IndiGrid, in the past, has acquired two operating transmission assets from Techno, while TEECL has invested in two of IndiGrid’s currently under-construction projects, where it continues to deliver end-to-end EPC solutions.