Techknowgreen Secures ₹ 180 Mn Work Order

Techknowgreen Solutions Limited is one of India's leading environmental consulting company, announced receiving the work order from Duet India Hotels (Navi Mumbai) Private Limited.

Details of Order

The work order spans various services and compliance measures, such as

- Environmental Due Diligence
- Sustainability Evaluation
- Policy Research Focused on De-Carbonisation Pathways
- Environmental Auditing and Assessment
- Sensitization and Awareness
- Feasibility Analysis for the Development of a Star Category Hotel
- Gap Analysis
- Time Limit Extension Negotiations with MIDC
- Expert Representation and Advisory Services
- Efficient Procurement of Provisional Fire NOC and Building Plan Approval
- Building Construction & Site Development
- Final Fire NOC and Building Completion Certificate

This noteworthy order underscores the company's commitment to excellence in addressing diverse needs and adhering to regulatory standards, covering a substantial area of 7,285 square meters at TTC Industrial.

Encompassing regulatory, environmental, construction, and safety domains, this order signifies a pivotal convergence in business operations. Driving strategic growth, it plays a central role in expanding and diversifying the service portfolio.

TSL's strategic outsourcing venture aims to elevate its profile, accumulate valuable experience, and cultivate skills for a distinctive and sustainable business model, marking a transformative step forward.

Commenting on the order, Dr. Ajay Ojha. Managing Director, Techknowgreen Solutions Limited said " We are genuinely thrilled about our latest work order, boasting an impressive value of ₹ 180 Mn. This achievement stands as a significant victory for Techknowgreen, symbolizing a crucial milestone in our ongoing journey. Notably, this contract marks the largest in our history, surpassing our entire FY23 turnover and illuminating our consistent trajectory of growth and success. These milestones underscore our dedication to making a positive impact while achieving substantial expansion, reinforcing our position as leaders in both business success and environmental responsibility."

Mr. Prasad Pawar, CEO and Director, Techknowgreen Solutions Limited said " We are excited to share that we have secured our largest work order to date, reflecting a significant upswing in business. This not only highlights our financial strength but also validates our strategic position in the environmental consulting sector. In FY 23-24, our company has amassed work orders totalling ₹379.53 Mn. The infusion of IPO funding into our general corporate initiatives, along with strategic investments in research and development, has notably heightened our company's brand awareness. This strategic approach plays a pivotal role in positioning us as integral drivers for sustained expansion."

Shares of Techknowgreen Solutions Limited was last trading in BSE at Rs. 317.20 as compared to the previous close of Rs. 321.50. The total number of shares traded during the day was 120000 in over 73 trades.

The stock hit an intraday high of Rs. 353.65 and intraday low of 315.15. The net turnover during the day was Rs. 40213120.00.

Source : Equity Bulls

Keywords

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