Traditionally the North-Eastern states of India have been the least electrified regions and are currently seeing thrust from Central & State governments to correct this situation. NECCON is one of the most established local players in this region with on-ground presence for 50 years, strong relationships and local acceptance and thus in great position to create a beneficial competitive advantage (as a vendor of choice)
NECCON is a qualified supplier of 765Kv/800 HVDC conductors to Power Grid which is the largest government contractor and power infrastructure company. For the past 10 years, NECCON has built a strong platform through Power Grid and growing business with them strongly and has grabbed Rs 800 Cr worth of EPC contracts in Power sector.
The key management personnel of NECCON have average experience of over 30yrs in the industry with the promoter and sons having combined experience of over 85yrs with complete dedication to the company’s business. The promoters are ambitious and have created a strong platform to build a large, profitable and sustainable business.
NECCON has presence across power equipment (cables & conductors), transmission projects (lines, substations) and power generation (wind – 1.5MW; Hydel - 4.9 MW) domains. Integration strength provides a distinct pricing, operational & hedging advantage for the company. The company’s strategy in power generation is to selectively participate in niche projects / opportunities where there is potential for good and perpetuity returns.
NECCON has graduated from supplying lower category conductors to 765 kv conductors and already bagged orders for 800HVDC. Going forward the company is looking to install higher technology and automated machines to create a quality and technology niche while improving margins.
NECCON has supplied quality products and executed projects satisfactorily for state electricity boards (across India), private clients including World Bank, ADB funded projects and received letters of appreciation for quality / Performance. The company is a qualified vendor and has strong relationships with clients & opinion leaders in the industry