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Ducon Infratechnologies increasing footprint in India’s FGD market

10 Jan 2023 Evaluate

Ducon Infratechnologies (Ducon) is increasing its footprint in India’s Flue gas Desulfurization (FGD) market. The growing awareness regarding environmental pollution and government’s action to curb the same are driving the growth of FGD market.

In order to make strides in this rapidly evolving FGD market, Ducon has adopted innovative strategies to advance its FGD footprint in the Indian market. A single FGD project can range in value from Rs 200 crore to Rs 600 crore, and takes 2 to 3 years for completion, thus Ducon can only secure couple of such projects on its own annually.

The Company has thus formed alliances with leading EPC companies and has jointly bid many FGD projects. The nature of these alliances involve that Ducon will provide the engineering and crucial technological parts for each project and the EPC Company will execute the rest of the project. By increasing its footprint, Ducon sees FGD related business opportunity of Rs 10,000 crore to Rs 15,000 crore, over the next 3-4 years.

Ducon Infratechnologies is a rapidly growing diversified technology company that operates in a variety of business segments, to provide solutions and meet challenges in the digital and infrastructure business sectors.

Ducon Infra. Share Price

3.61 -0.03 (-0.82%)
17-Apr-2026 16:59 View Price Chart
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