What Salasar Techno Engineering does

Salasar Techno Engineering Limited (BSE/NSE: SALASAR; founded 2006, IPO 2017, headquartered in Noida with manufacturing in Hapur, Uttar Pradesh) is an Indian publicly listed integrated infrastructure solutions provider that designs, fabricates, and hot-dip galvanizes steel structures for power transmission, telecommunications, railway electrification, renewable energy, smart city, and heavy industrial applications. The company operates one of North India's largest galvanizing facilities (13m bath length, 96,000 MT annual capacity commissioned in February 2024), runs an in-house engineering center using Tekla, STAAD.Pro, AutoCAD, and ETAB software, and holds a technical collaboration with Danish consultancy Ramboll for validated tower designs. It maintains ISO 9001/14001/45001, EN 1090, ISO 3834-2, and DASt-Guideline 022 certifications, plus RDSO, CORE, and PGCIL vendor approvals that gate access to Indian government tenders.

The revenue model is built primarily on long-cycle EPC project contracts awarded through competitive bidding with state and central utilities (Power Grid, UPPTCL, RVNL, TANGEDCO, BHEL, ITI), supplemented by direct product sales to telecom operators (Bharti Airtel, Reliance Jio, Indus Towers), renewable energy developers (Tata Clever Tech/Vestas, Sterling Wilson), and heavy industrial customers (Tata Steel, JSW, Reliance Power, Siemens, NCC, Afcons), plus ancillary contract galvanizing and design services. Disclosed contract sizes range from Rs 68.67 crore (PGCIL Puducherry GIS substation) to Rs 1,033.78 crore (TANGEDCO) and Rs 2,000+ crore for major transmission packages. FY2026 (year ended March 2026) sales reached Rs 1,502.77 crore, with net profit of Rs 17.22 crore, while the order book was bolstered by Rs 695.18 crore of RVNL orders (November 2025), a Rs 232 crore UPPTCL project (December 2025), and a Rs 68.67 crore PGCIL GIS substation (January 2026).

Growth is being pursued via M&A and partnerships — the Rs 178 crore acquisition of EMC Limited (May 2024), pending amalgamation of Hill View Infrabuild Limited and Salasar Stainless Limited, and a 74%-held joint venture with K2 Infragen whose railway electrification order book exceeds Rs 500 crore. Geographic reach spans India and exports to 25+ countries with a customer base exceeding 600 clients, though contract awards remain skewed toward government/PSU counterparties, implying lumpy and competitive revenue recognition tied to project execution milestones rather than recurring sales.

Name

Salasar Techno Engineering

Legal name

Salasar Techno Engineering Limited

Website

https://salasartechno.com

Company type

Public

Founded year

2006

Operating status

Operating

Headcount range

251–500 employees

Short description

Salasar Techno Engineering is a publicly listed Indian EPC contractor specializing in galvanized steel fabrication — transmission towers, telecom infrastructure, railway electrification structures, solar mounting systems, and heavy industrial steel works — serving government utilities, PSUs, telecom operators, and industrial clients across 25+ countries.

Ownership category

akta.pro rank

Product category

Galvanized Steel Infrastructure Structures

NAICS

Power and Communication Line and Related Structures Construction (237130)

SIC

Water, Sewer, Pipeline, Comm & Power Line Construction (1623)

akta.pro primary industry

Transmission line EPC & construction (overhead) (EUADAKAA)

akta.pro secondary industries

Substation EPC & construction (AIS/GIS, greenfield/brownfield) (EUADAKAC), Pole, Tower & Structure Installation / Replacement (Distribution) (EUAEACAE), Power Plant Electrical Systems EPC (Switchyard, Transformers, Protection & Controls) (EUAEAAAM)

Keywords

• Galvanized steel structures
• Telecom tower manufacturing
• Transmission line towers
• Hot-dip galvanizing
• Railway electrification structures

Headquarters

HQ city

New Delhi

HQ country

India

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. EPC Project Contracts: EPC contracts for infrastructure projects including transmission line towers, substations, GIS installations, and railway electrification structures. Revenue is recognized upon project completion with contracts ranging from Rs 68 crore to Rs 2,000+ crore.
2. Product Sales: Manufacturing and sale of telecom towers, monopoles, poles, smart city solutions, solar structures, and heavy steel structures. Products are sold directly to telecom operators, utilities, and government bodies.
3. Contractual Services: Contractual galvanizing services, design and engineering services, and installation/commissioning services for infrastructure projects.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Salasar Techno Engineering manufactures and supplies galvanized steel infrastructure products including telecom towers, monopoles, transmission line towers, substation structures, railway electrification structures, solar mounting structures, smart city poles, bridges, buildings, and heavy industrial steel structures. The company also provides end-to-end EPC (Engineering, Procurement, and Construction) services covering survey, design, fabrication, hot-dip galvanization, erection, and commissioning for power transmission, telecom, railway, and renewable energy projects. Operations are supported by three manufacturing units in Hapur, Uttar Pradesh, with in-house hot-dip galvanizing capacity of 96,000 MT annually.

Product overview

Salasar Techno Engineering is an integrated infrastructure solutions provider offering a comprehensive portfolio of steel fabrication and EPC services across six vertical segments: Telecommunication (towers, monopoles, smart city solutions, cell on wheels, accessories, and EPC services), Power (transmission line towers, substation structures, transmission line monopoles, and railway electrification structures), Renewable (solar mounting structures and wind energy solutions), Smart City Solutions (multi-functional smart poles with integrated IoT devices and camouflage solutions), Poles (lighting, distribution, and infrastructure poles), and Heavy Steel Structures (bridges, buildings, and complex industrial structures). The company operates manufacturing facilities in Hapur, Ghaziabad with in-house galvanizing capabilities and collaborates with Ramboll for technical design of telecommunication and smart city products. The product portfolio ranges from individual components to complete turnkey EPC solutions serving 600+ clients across 25+ countries.

Differentiator

Problem solved

Functional benefit

Products and services

• Telecommunication Towers Telecommunication towers in Tubular (Ground Based, Roof Top, Non-Penetrating Poles, Quick Build Solutions), Angular, Hybrid, and Guyed Mast configurations. Designs include Ramboll-certified, IIT-certified, and custom customer designs for telecom operators and tower companies.
• Monopoles Galvanized monopoles up to 40m tall manufactured at the largest galvanizing plant in North India with 13m bath length. Technical collaboration with Ramboll. Includes Flange Type, Slip Joint, and Camouflaged options for telecom operators.
• Smart City Solutions Integrated smart city infrastructure including Smart City Poles with LED lights, CCTVs, pollution sensors, WiFi, distress buttons, solar panels, and network enhancement capabilities. Includes camouflage solutions (Lotus Monopole, Palm Tree, Coconut Tree, Pine Tree designs) for smart city missions and municipal corporations.
• Cell on Wheels (Portable Towers) Portable/self-erecting lattice masts with staged locking for rapid deployment within 24 hours. Supports low footprint and minimal civil work requirements with options for Mains Power, Diesel Generators, or Solar-Powered Batteries for telecom operators.
• Telecom Accessories Antenna brackets and mounts (Microwave, GSM), cable trays, and other telecom infrastructure accessories with competitive pricing and minimal lead times for telecom operators and tower companies.
• EPC Services (Engineering, Procurement, and Construction) End-to-end Engineering, Procurement, and Construction services including Survey, Excavation and Foundation, Geotechnical Investigation, Profile/Schedule/Plan, Erection, and Stringing for telecom, power transmission, railway, and renewable energy projects.
• Transmission Line Towers High-voltage AC and DC transmission line towers available in 66kV, 132kV, 220kV, and 400kV configurations for Single/Double/Multi Circuit applications, approved by PGCIL and other power utilities for state and national transmission projects.
• Substation Structures Complete substation solutions for voltage stepping up/down, including turnkey projects in any terrain and geographical condition with low maintenance and weather resistance for power utilities and grid operators.
• Transmission Line Monopoles Space-efficient transmission line monopoles for 132kV and 220kV systems requiring only one-sixteenth of the space needed by lattice towers, with heights exceeding 50m for power transmission utilities.
• Railway Overhead Electrification Structures CORE-approved railway electrification structures including Portals, Masts, Special Fabricated Masts, Bridge Masts, DFCC Structures, and Small Parts Steel for Indian Railways, CORE, and rail infrastructure developers.
• Solar Solutions Solar module mounting structures supplied for over 1,000 MW of solar projects, plus solar trees, solar water pumps, and solar street light poles for solar project developers and EPCs.
• Wind Energy Solutions Windmill towers leveraging manufacturing expertise for steel structure production to harness wind energy across telecom and power industry verticals for wind energy developers.
• Camouflaging Solutions Aesthetic camouflage solutions for monopoles including Lotus Monopole, Palm Tree, Coconut Tree, and Pine Tree designs to secure right-of-way permits for telecom operators and municipal bodies.
• Lighting Poles Street lighting and area lighting poles in various configurations including Polygonal, Conical, Tubular, Swaged, Ornamental, Solar Powered, High Mast, Latching Mast, and Stadium Mast options for municipalities, highways, and stadiums.
• Distribution Poles Steel power distribution poles galvanized in-house with 25-year lifespan, performing under adverse weather conditions. Available in Line Distribution and Data Distribution variants including Fiber Optic Circular Pole for power distribution utilities.
• Infrastructure Poles Utility poles including Flag Masts, Traffic Light Poles, Traction Poles, Sign Poles, and Smart City Poles with hot-dip galvanizing for extended service life for government and municipal buyers.
• Bridges Steel bridge structures including ROBs (Rail/Road Over Bridges), Open Web Girders, Bow String Bridges, Pedestrian Bridges, and Cable Stay Bridges for railway and road infrastructure developers.
• Buildings Steel building structures for high rises, stadiums, warehouses, airports, train stations, multilevel car parks, and hospitals. Earthquake and weather resistant with faster construction times for construction companies and developers.
• Heavy and Complex Structures Industrial structures for Thermal Power Plants, Steel Plants, Petrochemical Plants, and Cement Plants including Boiler Supports, Plate Mills, Blast Furnaces, Cement Kilns, and Distillation Columns for industrial customers.

Quantifiable outcome

• Supplied over 15,000 telecom towers across India
• +4 more outcomes

Named customers15 records

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered minor and core.

• Hill View Infrabuild LimitedminorOthers · 1 January 2025Scheme of amalgamation of Hill View Infrabuild Limited with Salasar Techno Engineering Limited in progress, with NCLT proceedings ongoing.
• K2 Infragen Ltd.coreStrategic or Co-development Partner · 1 January 2024Joint venture with K2 Infragen for railway electrification projects. Salasar holds 74% stake in the JV. The JV secured a Rs 262 crore railway electrification contract from Indian Railways for the Luni-Bhildi rail section. The JV's order book has crossed Rs 500 crore.
• EMC LimitedcoreOthers · 1 January 2024Acquired EMC Limited under liquidation for Rs 178 crore in May 2024. This acquisition strengthens Salasar's capabilities and order book. The scheme of amalgamation of EMC Limited with Salasar Techno Engineering was approved by NCLT Kolkata.
• PHD Chamber of Commerce and IndustryminorGTM or Marketing Partner · 1 January 2024Association with PHD Chamber of Commerce and Industry for organizing UPEX 2026 (Uttar Pradesh Energy Expo), positioning Salasar in the clean energy and infrastructure ecosystem.
• RambollcoreTechnology or Integration · 1 January 2021Technical collaboration with Danish design giant Ramboll for technical design and quality control of telecommunication towers, monopoles, poles and smart poles. Ramboll has over 60 years of experience in tower designing and provides time-tested and efficient designs. This collaboration ensures superior product quality and technological leadership.

Scale indicators15 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• KEC International: KEC International is India's largest EPC contractor in power transmission and distribution, manufacturing transmission towers, monopoles and providing turnkey substation/telecom tower solutions — directly comparable to Salasar's T&D EPC business model and customer base (PGCIL, state utilities).
• NCC Limited: NCC is a major Indian EPC and construction company active in transmission, substations, railways and heavy steel structures — overlapping with Salasar's heavy/complex structures (bridges, buildings, industrial plants) and EPC services portfolio.
• Skipper Limited: Skipper is a leading Indian manufacturer of power transmission towers and telecom towers with integrated galvanizing, competing head-to-head with Salasar in PGCIL, state electricity board and international tenders for tower and monopole supply.
• Kalpataru Projects International: Kalpataru Projects International is an Indian EPC major with substantial transmission line, substation and railway electrification businesses — comparable to Salasar's EPC services across power T&D and rail, and a likely competitor on RVNL and UPPTCL tenders.

Regional players

• Waaree Energies: Waaree Energies is an Indian solar module manufacturer that drives downstream demand for mounting structures — comparable to Salasar as a domestic Indian infrastructure supplier benefitting from the same renewable capex cycle and government policy support.

Broad incumbents

• Tata Projects: Tata Projects is a large diversified EPC arm of Tata Group executing transmission, substations, railways and industrial construction — competes with Salasar on major PSU tenders and offers a benchmark for how an integrated EPC player scales in India.
• Larsen & Toubro (L&T) Construction: L&T's construction arm is India's largest EPC player with significant exposure to power T&D, substations, railways and heavy infrastructure — overlaps with Salasar on T&D and railway electrification while operating at much larger scale and scope.
• Bharat Heavy Electricals Limited (BHEL): BHEL is India's largest power-equipment PSU manufacturing boilers, turbines and substation/electrical equipment — overlaps with Salasar in substation structures, heavy industrial steel structures for thermal power plants, and as a fellow PSU-approved vendor.

Emerging players

• JTL Industries: JTL Industries is an Indian manufacturer of steel tubes and structural products serving infrastructure and renewable markets — comparable as a steel-based infrastructure supplier competing in similar galvanized products and solar mounting structure categories.
• Sterling and Wilson Renewable Energy: Sterling and Wilson is an Indian solar EPC company that procures mounting structures and balance-of-system steel — a Salasar customer and a comparable adjacency in the renewable infrastructure segment where Salasar supplies mounting structures for 1,000+ MW of solar.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/salasartechnoengineeringltd

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Salasar Techno Engineering