What Procon does

Procon is a privately held Indian engineering, procurement, and construction (EPC) services firm headquartered in New Delhi, operating in the oil and gas sector since its founding in 1993. The company delivers project management and EPC services to oil and gas industry clients, positioning itself as a domestic specialist rather than a global tier-one contractor. Its leadership is founder-led: Sanjay Laturkar remains Founder, CEO, and Director, indicating long-tenured continuity of strategic direction and client relationships developed over more than three decades in the sector.

The firm operates with a headcount of 51–100 employees, consistent with a small-to-mid-scale EPC contractor that likely executes discrete project scopes (engineering packages, procurement support, or construction sub-scopes) on behalf of larger clients in upstream, midstream, or downstream segments of the Indian oil and gas value chain. The business model is project-based and services-oriented: revenue is realized through contracted EPC and project management engagements rather than product sales, with pricing tied to project scope, duration, and complexity.

The available source material is limited — the company's website (proconindia.com) returned only a verification/loading page, and no funding history, customer logos, product portfolio, certifications, or revenue figures were extractable. There is no documented evidence of technology platforms, proprietary tooling, digital product offerings, M&A activity, or partnerships in the input data. Consequently, the company should be characterized as a niche, founder-driven Indian oil and gas EPC services firm, with analytical conclusions constrained by this thin evidentiary base.

Name

Procon

Website

https://proconindia.com

Company type

Private

Founded year

1993

Headcount range

51–100 employees

Short description

Procon is a New Delhi-based, privately held Indian EPC services firm founded in 1993 that delivers engineering, procurement, and construction project management for oil and gas industry clients.

Ownership category

akta.pro rank

Headquarters

HQ city

Greater Noida

HQ country

India

HQ region

Asia

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Infrastructure

Core offering

Procon is an engineering, procurement, and construction (EPC) company that delivers integrated project management and execution services for the oil and gas industries. The company supports upstream, midstream, and downstream energy projects through end-to-end EPC capabilities, including engineering design, procurement, construction execution, and project management oversight for hydrocarbon-sector clients.

Differentiator

Problem solved

Functional benefit

Products and services

• EPC and Project Management Services for Oil and Gas

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves2 records

Direct peers

• L&T Energy Hydrocarbon: The oil & gas EPC arm of Larsen & Toubro, executing large-scale onshore/offshore EPC projects for Indian and international oil & gas clients; competes with Procon for mid- and large-package mandates in India.
• Tata Projects: Diversified Indian EPC contractor with a strong oil & gas, refinery, and pipeline portfolio; competes with Procon for industrial EPC project management work across India.
• Megha Engineering & Infrastructures: Large Indian private EPC player active across oil & gas pipelines, refineries, and hydrocarbon infrastructure; competes with Procon particularly on mid-sized Indian oil & gas packages.
• Punj Lloyd: Indian-headquartered EPC group historically focused on oil & gas pipelines, refineries, and process plants; a long-standing domestic competitor in the same oil & gas EPC niche.
• Engineers India Limited: Indian PSU-headquartered engineering and EPC firm providing project management, consulting, and construction services primarily to the oil & gas and petrochemical sectors — the closest direct domestic analogue to Procon's described offering.

Broad incumbents

• Saipem: Italian-headquartered global EPC contractor for oil & gas, refining, and pipelines; a broad incumbent whose oil & gas EPC project management services overlap with Procon's offering on international tenders.
• KBR: Global engineering and EPC services firm with strong hydrocarbons and energy project management capabilities; competes with Procon for EPCM and project management scopes on Indian oil & gas projects.
• Petrofac: Global EPC and operations services provider to the oil & gas industry with significant Indian project execution; competes with Procon for EPC mandates in the upstream, midstream, and refining segments.
• Technip Energies: Global EPC leader for energy projects including oil & gas, refining, petrochemicals, and emerging low-carbon solutions; a broad incumbent whose project management scope overlaps Procon's service line on international and large Indian bids.
• McDermott International: Global EPC provider for energy infrastructure including refining, petrochemicals, and gas processing; a broad incumbent whose integrated EPC project management model parallels Procon's stated services.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat2 records

Key risks4 records

Key highlights3 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Procon