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Updated:18 Sep, 2020, 15:40 PM IST

BSE
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Updated:15 Sep, 2020, 16:01 PM IST

Technofab Engineering Limited was incorporated on July 20, 1971 in New Delhi as Technofab Engineering Private Limited under the Companies Act, 1956 with the Registrar of Companies, National Capital Territory of Delhi and Haryana (“RoC”). The Company became a deemed public limited company in terms of Section 43A (1A) of the Companies Act, 1956 with effect from January 4, 1989. The Company became a public limited company pursuant to the enactment of the Companies (Amendment) Act, 2000 and a special resolution passed by the Company on June 24, 2002. The RoC accordingly altered the Certificate of Incorporation to that effect on May 7, 2003.

The Company is engaged in the business of providing Engineering Procurement and Construction (EPC) services, executing a wide range of Balance–of–Plant (BoP) and electro–mechanical projects on a complete turnkey basis. It provides the services to domestic and overseas markets across a number of industrial and infrastructure sectors which includes power, oil & gas, water & waste water treatment and other industrial & infrastructure sectors.

In the initial years, the company largely targeted individual BoP packages required by customers in steel, metallurgical and power sectors and gradually evolved to undertake comprehensive turnkey projects in liquid waste & effluent treatment, raw & seawater intake systems & pumping stations, rural electrification works comprising transmission mains & distribution lines, rehabilitation and up gradation of city water & sewage treatment plants in the domestic and international market.

With an endeavour to expand more engineered systems to the product portfolio, the Company developed capabilities to design and engineer fire protection systems to protect all types of hazards, with a special focus on facilities with medium to high risk ratings such as power stations and oil refineries / petrochemical facilities. It has provided fire detection and protection systems in 27 different power projects aggregating approximately 17000 mw of installed capacity apart from customers in hydrocarbon and other sectors.

For further growth it expanded the business activities to international market and secured the first overseas project in Kenya, Africa in 1993 and since then it has executed projects in Zambia, Ghana and Kenya.

Leveraging the project management skills, the Company entered into the Water and Wastewater treatment sector and secured three of the first set of Water and Wastewater Treatment & Recycling projects of NTPC at Rihand, Korba and Kahalgaon in 1996, 1997 and 1998 respectively.

The Company experienced certain financial constraints during the period 2001–2005 on account of which dues of one the banker’s Viz.,Central Bank of India remained unpaid. In the year 2006, the company paid the total outstanding dues payable to them amounting to Rs. 1,113 lakh as a One Time Settlement (OTS) in full. Accordingly, the name of the Company was removed from the RBI’s defaulters list.

The company manages its domestic and overseas operations from its Corporate Office at Faridabad, Haryana in the National Capital Region. To execute overseas projects, it has established offices in Ethiopia, Kenya and Fiji.

The Company provides EPC services for various BoP packages for power, oil & gas and other industrial and infrastructure undertakings. It also provides EPC services to the main plant for water & waste water treatment projects. The company has dealt with engineering consultants such as Development Consultants Private Limited (DCPL), Desein Private Limited, FITCHNER Consulting Engineers (India) Private Limited, Mecon, Tata Consulting Engineers, Engineers India Limited, M.N. Dastur, L&T, Sargent & Lundy, Uhde India Private Limited, Toyo Engineering India Limited, SAUR International, BCEOM France, etc. for its various EPC projects.

Company undertakes the following packages on a complete turnkey basis:

Industrial, Utility and Low Pressure Piping Systems: The scope of service includes the detailed engineering, procurement, fabrication, erection, testing and inspection, commissioning of the piping system along with all related civil/structural works for over–ground and underground piping supports like sleepers, pipe racks and bridges.

Fuel Oil, Unloading, Storage and Handling Systems: The scope of service includes design, engineering, manufacturing, works–based testing, shop painting, transportation packing, works loading, on–site reception and unloading, site storage, in–plant transportation, on–site fabrication and assembly, erection, commissioning and testing.

Fire Detection, Alarm and Protection Systems: The scope of service includes design, systems engineering, procurement, supply, erection, testing and commissioning of fire detection, alarm and protection systems. The systems encompass hydrants, automatic high and medium velocity water spray systems, gas extinguishing systems, intelligent alarm and control systems, etc.

Water, Wastewater and Effluent Treatment and Recycling Systems: The Company undertakes Water and Liquid Waste, Effluent Treatment & Recycling Systems, Sewage Treatment Plants to collect, treat and recycle raw water and effluent discharges. The Plants are designed, supplied, constructed, erected and commissioned on a turnkey basis, meeting applicable pollution control norms.

Tankages: The scope of service includes design & engineering, procurement, supply, erection, testing, and commissioning of Site Fabricated Bulk Storage Tanks for storing petroleum products and other liquids such as DM water, condensate water, etc. on a total turnkey basis.

Raw & Sea Water Intake Systems: The Company takes up the plant water intake system and associated cross country pipeline from river / sea to the plant including associated pumping station, civil works, maintenance roads on a complete turnkey basis.

Plant Electrification / Transmission & Distribution / Rural Electrification: The scope involves design and detailed engineering, sizing and specifications for procurement, installation, testing, commissioning of a variety of electrical and control items like HT & LT switchgear, control panels, transformers, metering, cabling and lighting along with associated civil works.

Renovation and Modernization of Coal Feeding Systems: The Company undertakes the retrofitting of existing volumetric coal feeding systems of power plants with microprocessor based gravimetric coal feeding systems sourced from a Company based in USA on a turnkey basis.

Clientele:

  • Conventional Power –– NTPC, LANCO, DVC, Reliance Energy, BHEL, L & T, SEBs
  • Nuclear Power –– NPCIL
  • Oil & Gas –– TEMA Oil Refinery, GAIL, IOC
  • Water and Waste Water Treatment–– NBCC, World Bank / ADB / AFDB – Aided projects
  • Industrial & Infrastructure Sectors –– NALCO,SAIL, NMDC

Milestones:

  • 1971– Incorporated as a Private Limited Company –––Set up facility in Plot # 6, Sector 6, Faridabad, Haryana for manufacture of Butterfly Valves, Weldneck Flanges, Orifice Plates, Gratings, Step Treads etc.
  • 1975 Secured first contract for Fuel Oil Handling System from Bharat Pumps and Compressors, Naini, Allahabad.
  • 1978 Secured first Fire Protection System Contract from MSEB, Bombay for their Nasik Thermal Power Project followed by another one for the Bhusawal Thermal Power Project
  • 1979 Executed its first large Yard Piping Contract from Steel Authority of India, Rourkela. Executed contract for the Director General of Naval Projects for the entire mechanical services and equipment for a 'Fitting Out Wharf' setup at Lion Gate in Bombay.
  • 1984 Secured first L.P piping system contract from NTPC  for the country’s Super Thermal Power Plant set up at Singrauli for 2 x 500MW. This was followed by similar orders for 2 x 500 MW Farakka TPS in 1988, 2x500 MW Vindhyachal TPS in 1995 and 4x500 MW Talcher TPS in 2000
  • 1988, 2x500 MW Vindhyachal TPS in 1995 and 4x500 MW Talcher TPS in 2000
  • 1986 Commenced manufacturing of Pressure Vessels, Heat Exchangers, Filtration Equipment, Large dia Pipes and Pipe Fittings, prefabricated tanks and vessels
  • 1987 Bagged the first major Naphtha Handling System contract from National Fertilizer Limited, Nangal, Punjab.
  • 1992 Established a full scale in–house Design & Engineering facility in the office Block at Main Mathura Road, Faridabad, Haryana
  • 1993 Executed the first overseas contract for Piping from Kenya Power and Lighting Company for their Geothermal Project.
  • Achieved total indigenization of entire production range of Solid Flow Devices, Belt Cleaners, Skirt Boards, Belt tracking and Support Systems.
  • 1994 Secured contract for comprehensive Fire Fighting System from the country’s first 2X250 MW module Thermal Power Project set up by the erstwhile BSES in Dahanu. This was followed by similar contracts for the same system for 2 x 250 MW Thermal Power Projects setup in succession by RSEB at Suratgarh and APSEB at Kothagudam.
  • 1996 Awarded first contract for a power plant for setting up a Liquid Waste Treatment Plant in a Power Plant for and Thermal Power Projects in 1997 and 1998.
  • 2002 Discontinued in–house fabrication.
  • 2003 Secured overseas orders for Rehabilitation of Water Treatment Plants and Pumping Station in the Copper Belt area, Zambia.
  • 2007 Received overseas order from TEMA Oil Refinery, Ghana for Sea Water Intake Pumping Stations and Pipeline.
  • Secured first order in Nuclear Power worth Rs.3,510 lakhs for the raw and service water package.
  • 2009 Secured first order in Power Distribution fromWBSEDC worth Rs.3,770 lakhs
  • 2009 Secured first overseas order in the Asia–Pacific region in Fiji worth Rs. 2,501 lakhs
  • 2010 Acquisition of Rivu Infrastructural Developers Private Limited, the 100% subsidiary
  •  Technofab Engineering has acquired Rivu Infrastructural Developers Private Limited, its 100% subsidiary
  • 2011 – Listed in Forbes Top 200 under a billion dollars Companies in Asia.
    – Received award of third fastest growing Construction Company at the 9th Construction World Annual Awards 2011.
    –ET Intelligence rates Technofab Engineering No. 12 in the Fastest Growing Small Companies 2011.
  • 2012 – Won CNBC Award for Global SME 2012.
    – Received Certificate of Excellence from Inc India 500.
    – Received award for the Fastest Growing Construction Company 1st Rank at the 10th Annual Construction World Global Awards 2012.

Awards/ recognition

The company is an ISO 9001:2000 accredited company for 'Engineering Procurement and Construction of Engineered Systems on Complete Turnkey basis in Core, Energy and Infrastructure Sector Projects'.

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