About Lakshya Powertech Limited

Lakshya Powertech established in the year 2012, started as an Engineering Consultancy and Contracting Company, distinguished for its expertise in Mechanical and Electrical services. They embarked as a freelancing consultancy in power generation and the Company rapidly transitioned into a multifaceted entity with a robust expansion into Operations and Maintenance (O&M) for Gas Power Generation. They strategically expanded their operations by delving into significant Power Generation Projects, a move that was strengthened by their entry into the Oil and Gas sector. This diversification not only broadened the scope of their services but also solidified their position in the industry. Their global reach was further established through an Engineering, Procurement, and Construction (EPC) Contract in Renewables in Malaysia, and their growth extended into the Operations and Maintenance (O&M) of Oil and Gas facilities.

They are predominantly engaged across four key sectors: Oil and Gas, Power, Renewable Energy, and Industrial. Their services are organized into four primary divisions: (i) Engineering, Procurement, Construction & Commissioning; (ii) Integrated Operation & Maintenance Services; (iii) Special Services. Over the years, they have successfully executed more than 138 projects with their major completed projects quantifying to approximately ₹ 26,843.1 Lakhs. 

INDIA POWER EPC MARKET
The India power EPC market refers to the sector in India that involves the Engineering, Procurement, and Construction (EPC) of power generation and distribution infrastructure. This market encompasses the planning, design, procurement of equipment and materials, and the construction of power plants, electrical grids, and related facilities necessary for the generation and distribution of electricity in India. It is a crucial sector that plays a vital role in meeting the energy needs of the country and is characterized by various technologies and sources, including conventional thermal power, renewable energy sources, and other innovative solutions. The India power EPC market involves a wide range of projects aimed at ensuring a reliable and efficient power supply to meet the growing energy demands of the nation. 

India Power EPC Market Outlook 2031:
o India power EPC market is on the verge of significant changes that has redefined the industry outlook. Power sector in India is one of the most diversified in the world, sources of power generation include conventional sources such as coal, natural gas, oil, lignite, nuclear power, and non-conventional sources such as solar, wind, and biomass. 
o In 2018, India ranked fourth in wind power and fifth in renewable power installed capacity. India made significant investments in clean energy which is estimated at USD 90 billion and is only country among the G20 nations that is on track to achieve the targets under the Paris Agreement. 
o India power EPC market has attracted significant foreign direct investments (FDI) in the past two decades which is anticipated to be more than USD 15 billion accounting for 3% of total FDI inflow. There is a considerable interest from government of India in the power sector which has led to more focused approach in promoting sustained industrial growth in the recent years. 
o Electricity production was estimated at 1,252.72 billion units (BU) in FY20c and total installed capacity of power stations in India was recorded at 380 GW as of January 2021. 
o According to Central Electricity Authority (CEA) the share of renewable energy generation would increase from 18% to 44% by 2029-30 and thermal is expected to see reduction from 78% to 52%. The government of India plans to establish renewable capacity if 500 GW by 2030 and has allocated USD 1.4 trillion under the National Infrastructure Pipeline for FY 2019-25. India’s power consumption showed a considerable increase to 50.15 billion units (BU) in the year 2020, direct result of growing economic activity.

India Power EPC Market Trends, Drivers, Restraints, and Opportunities
o Increasing initiatives from government of India in a bid to promote sustained industrial growth and achieve clean energy transition are projected to drive the market growth during the forecast period. 
o Rapid growth of the power related projects such solar and wind power parks are major factors boosting the market expansion in the coming years. 
o High cost of service and high maintenance related to power grids due to inadequate infrastructure are anticipated to restrict the market growth. 
o Lack of power grid penetration across various regions of the country present as major challenge that can hamper the market expansion in the coming years. 
o R&D investment, technological advancement, introduction of new renewable power sources, and various government initiatives are expected to create immense opportunities for the market players.

RENEWABLES ENERGY MARKET IN INDIA
▪ The International Energy Agency’s World Energy Outlook projects a growth of renewable energy supply to 4,550 GW in 2040 on a global basis. 
▪ Installed renewable power generation capacity has increased at a fast pace over the past few years, posting a CAGR of 15.4% between FY16 and FY23. India has 125.15 GW of renewable energy capacity in FY23. 
▪ As of November 2023, 43.9% of the total power installed capacity is from non-fossilbased sources, which fulfils the target of 40% by the end of 2022. ▪ The country plans to reach 450 GW of installed renewable energy capacity by 2030, with 280 GW (over 60%) expected from solar power.

LAKSHYA POWERTECH LIMITED COMPETITIVE STRENGTHS
1. Comprehensive project management expertise centered on excellence in quality, health, safety, cost-effectiveness, and timely execution
2. Substantial growth substantiated by a robust order and excellent pre-qualification credentials
3. Integrated operation and management services backed by experience professionals
4. Operations in diverse industries and economies
5. Track record of sustained growth and strong financial performance

LAKSHYA POWERTECH LIMITED STRATEGIES
1. Elevating EPCC Contracts alongside expansion into emerging business Renewable Energy and Green Energy
2. Actively bid for new projects
3. Develop and maintain strong relationship with their clients and suppliers.
4. Attract and retain talented employees.
5. Enhance operational controls to ensure timely completion of Service

LAKSHYA POWERTECH LIMITED RISK FACTORS & CONCERNS
1. They have projects in diverse geographical regions which may expose them to various challenges.
2. The projects are awarded through the competitive bidding process by government authorities/bodies and Private Companies.
3. They rely on their in-house designing and engineering team for project execution.
4. Delays in the completion of current and future projects could lead to payment of liquidated damages for their engineering, procurement, construction and Commissioning (“EPCC”), which could have an adverse effect on their cash flows, business, results of operations and financial condition.
5. The Company is dependent on a few suppliers for purchases of products.