Techno Electric & Engineering to Construct 10MW Data Centre for RailTel in Noida
Techno Electric & Engineering Company has been selected by RailTel Corporation of India Ltd to develop a 10MW data centre in Noida. The project has a 24-month implementation timeline and a 30-year contract duration, operating on a revenue-sharing basis. The contract is subject to conditions outlined in the Letter of Intent, with the final agreement yet to be signed.
30May 25
Techno Electric Unveils Ambitious Data Center and Renewable Energy Plans
Techno Electric & Engineering Company Limited announces significant expansion plans in data centers and renewable energy. The company aims to develop edge data centers in key Indian cities, targeting 250 megawatts capacity by 2030 as part of a Rs 10,000 crore program. In renewable energy, they focus on solar plus storage hybrid systems and wind farm EPCs. The company's order book has grown to Rs 11,000 crores, with Q4 orders worth Rs 2,000 crores. Techno Electric sets ambitious revenue targets of Rs 3,500 crores for the current year and Rs 4,500 crores for FY 2026-27.
28May 25
Techno Electric & Engineering Reports 86% Revenue Surge in Q4, Stock Jumps 12%
Techno Electric & Engineering reported impressive Q4 FY24 results with revenue up 86% to ₹815.79 crore, EBITDA doubling to ₹126.71 crore, and net profit surging 90% to ₹132.00 crore year-over-year. Full-year FY24 revenue grew 51% to ₹2,268.60 crore. The company announced a dividend of ₹9.00 per equity share. Following the results, the stock price jumped 11.4% to ₹1,381.80.
27May 25
Techno Electric & Engineering Reports Impressive Q4 Results, Announces Dividend
Techno Electric & Engineering's Q4 results show significant growth. Net profit nearly doubled to ₹1.32 billion, revenue increased by 65.6% to ₹8.00 billion, and EBITDA rose to ₹1.03 billion. The company's EBITDA margin improved to 12.64%. A dividend of ₹9.00 per equity share has been recommended.
07May 25
Techno Electric & Engineering Unveils $1 Billion Data Center Initiative
Techno Electric & Engineering has launched a new subsidiary, Techno Digital Infra Pvt Ltd, to enter the data center market in India. The company plans to invest $1 billion to establish a cumulative capacity of 250 MW in data centers, focusing on both hyperscale and edge facilities across various locations in India. This strategic move aims to capitalize on the growing demand for digital infrastructure in the country, driven by increasing internet penetration and cloud service adoption.
06May 25
Techno Electric Launches Digital Infrastructure Subsidiary with $1B Investment Plan
Techno Electric & Engineering Company Limited has launched a wholly-owned subsidiary, Techno Digital Infra Pvt Ltd, to enter India's data center market. The new venture plans to develop an integrated network of hyperscale and edge data centers across India with a cumulative capacity of 250 MW. Techno Electric has committed a $1 billion investment for this expansion into digital infrastructure.