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22 Annual Report 2020-21
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Our focus on sustainability and energy transition has Our continued focus on the customer, delivery excellence,
resulted in our involvement in Aluminium, Zinc and Copper innovative solutions, targeting strategic geographies and
projects across the globe as well as renewable energy agile delivery methodologies augured well.
projects and the biofuels arena.
Strategy and Operations
We are the primary consultant for 14 Smart Cities and 50 COVID-19 has impacted the businesses worldwide. We saw a
Amrut Cities in India. We are working on various initiatives
at the state and city level to improve healthcare, sanitation, decline in both CAPEX and OPEX spends by our customers.
housing and utilities. However, with a well-diversified regional, sectoral and client
spread, TCE will be able to navigate these unprecedented
Our Project Management team stood on the ground as times. After a record FY 2020-21 year where TCE secured the
front line warriors to ensure the continuity of construction highest order book. The company has taken measures to ensure
across many sites in India during the Pandemic. They FY 2021-22 performance is per plan despite the challenging
coordinated with all the stakeholders on-site for Pandemic and unpredictable market conditions. In FY 2020-21,
strict compliance with COVID-19 HSE norms and safe while there was enhanced exploratory activity and related
construction works. This was well recognised by important efforts put in by our teams on the Digital front and Industrial
Government projects, Industrial and Pharma Industry Internet of Things (IIoT), the actual spend was muted, though
Strategic accounts contributed 51% to our total revenues, the intense exploratory activity bodes well for such investments
reaffirming the faith in TCE as a value-adding partner of to take off in the coming years.
choice. The resilient team at TCE has demonstrated resolve,

TCE once again had the privilege of associating itself with perseverance, customer focus, innovation, and learnability –
some key landmark projects like Central Vista, CIDCO Mass aligning with our core values, vision, and mission. With “Work
Housing, Ayodhya and Puri Temple, National High-Speed Rail from Home” becoming the new norm, our teams are geared
and ITER, to name a few. to deliver from anywhere, working closely with the customers.
Detailed impact analysis with the new COVID-19 Wave 2 and
¶ The national high-speed rail is one of the most iconic Wave 3 is ready with various scenario-based financial modelling,
and strategic projects in the nation and one of the actions, responses, and goals. All this will help guide us in times
largest project globally. TCE is the lead consortium of uncertainties, and we are confident of delivering sustainable
member and partnered with two domestic and one performance in times to come. We aim to enable and support
Japanese consulting firm. We are delighted to have our workforce and their families to get vaccinated in the coming
emerged the winners of this keenly contested bid months and, in parallel, work on a roadmap to gradually have a
and are awaiting our Letter of Award in FY 2021-22. balanced hybrid model between office and Work-from-home.
This eight year long project has a total order value is
upwards of INR 1200 Crore.
¶ TCE is proud to be associated with ITER, the world’s
massive fusion experiment in collaboration with thirty-
five nations. Our enhanced and long-term association
with ITER reinforces the value TCE adds to a global
collaborative project aimed at a sustainable future.

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