Ducon Infratechnologies Limited — Capital/Financing Update 2021

Jun 23, 2021

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WWW.DUCONINFRA.CO.IN | BSE: 534674 NSE: DUCON | CIN:L72900MH2009PLC191412 | BLOOMBERG: DUCON:IN |SECTOR: ENGINEERING ‐ HEAVY

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Ducon emerges as L‐1 for 2 x 250 MW NTPC FGD order

Thane‐India, June 23, 2021: Ducon Infratechnologies Limited (BSE:534674, NSE: DUCON), (“Ducon Infratechnologies”) one of the leading EPC (Engineering, Procurement and Construction) Companies announce that it has emerged as the lowest bidder (L‐1) in reverse auction for Flue Gas Desulpharisation System (FGD) for Barauni Thermal Power Project, Stage II (2 x 250 MW), Barauni by NTPC Limited.

This is one of the directly bid projects by Ducon Infratechnologies and the expected value of the order is in the range of INR 500‐600 Crores.

The Company continues to be actively involved in bidding on both FGD (Flue Gas Desulpharisation) and MHS (Material Handling System) projects. In the case of FGD Projects, the Company is bidding directly as well as jointly with other EPC companies and remains hopeful to win some more of these projects as and when they are decided.

About Ducon Infratechnologies Limited

Ducon Infratechnologies Limited (BSE: 534674, NSE: DUCON) is one of the leading EPC (Engineering, Procurement and Construction) in India providing turnkey solutions in the Industrial and infrastructure space to multiple business segments across varied industries. The Company is diversified into FGD systems, bulk material handling systems, Electrification and infrastructure markets. In the FGD sector, Ducon is regarded as the pioneer as it has installed India’s first Sea Water FGD system with 100% of flue gas for 2 x 250 MW Dahanu Thermal Power Station for Reliance Energy Ltd, Dahanu, Maharasthra, India. Ducon is also credited with providing India’s first Wet Limestone FGD system on coal fired power plant with production of saleable Gypsum for 2 x 600 MW Udupi Thermal Power Station, Karnataka, India. The Company is led by a team of young and dynamic professionals with technical, marketing and sales know‐ how and has an objective to become a leading solution provider infrastructure business sector.

If you have any questions or require further information, please feel free to contact:

Ducon:

Darshit Parikh (Company Secretary), cs@duconinfra.co.in

Disclaimer: Certain statements in this document that are not historical facts are forward looking statements. Such forward‐looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors, that could cause actual results to differ materially from those contemplated by the relevant forward‐looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward‐looking statements to reflect subsequent events or circumstances.

DuconInfratechnologies Limited, Ducon House, Road No 1, MIDC, Wagle Estate, Thane West, Maharashtra‐ 400604