Axis Solutions Secures ₹400 Crore Project from NKG Primus JV, Leveraging Advanced Indigenous Technology

Axis Solutions Secures ₹400 Crore Project from NKG Primus JV, Leveraging Advanced Indigenous Technology​

Axis Solutions Limited has secured a significant project valued at ₹400 Crore, ordered by M/s NKG Primus JV. The contract underscores the company's capability in providing advanced industrial solutions across power, oil and gas, petrochemicals, water, wastewater, and process industries, with an emphasis on indigenous technology content.

The order forms part of Axis Solutions Limited’s pipeline of large project wins. The execution model involves a combination of ASL's proprietary engineered technology and specialized external domain experts. While qualified agencies will handle civil works, ASL is responsible for the engineering, design, manufacturing, integration, automation, testing, commissioning, and supply of all advanced technology products that form the technological core of the project.

Focus on Indigenous Technology​

A key aspect of this undertaking is the high proportion of in-house content, with approximately 38% to 40% of the total project value expected to be comprised of cutting edge products designed, developed, and manufactured by Axis Solutions Limited. This represents one of the highest shares of indigenous technology built into any large order in the company’s history.

The state of the art products slated for deployment include:

• Online Water & Process Analyzers providing real time precision monitoring
• High Accuracy Field Instruments such as Pressure Level and Flow Transmitters
• Smart Chemical Dosing Systems designed for optimized automated treatment
• Next Generation Industrial Automation Systems
• Intelligent Remote Terminal Unit (RTU) Solutions for remote monitoring and control
• Robust Purpose Engineered Power & Control Panels

The project is set to enhance operational efficiency, enable intelligent process automation, and ensure rigorous environmental compliance by leveraging ASL’s advanced measurement control and automation technologies.

Management Perspective​

Dr. Bijal Sanghvi, Founder and Managing Director of Axis Solutions Limited, commented on the firm's commitment to technology integration. "Technology is not merely a component of what we do at Axis Solutions; it is the very foundation of it," said Dr. Sanghvi. He added that this project reflects the company's philosophy, with an estimated 38% to 40% of its value proposed to include proprietary analyzers instruments dosing systems automation platforms RTUs and control panels. This strategic focus aims to continually strengthen ASL's in house engineering and manufacturing base.

About Axis Solutions Limited​

Axis Solutions Limited is an Ahmedabad headquartered industrial technology company established in 1999. The Company delivers integrated solutions spanning instrumentation automation water treatment and new energy systems from design through post delivery lifecycle support. Operating six manufacturing units spanning 140,000 sq ft the organization employs over 240 personnel including 204 engineers and holds 13 granted patents across four countries. Axis serves domestic and international clientele in sectors including oil and gas power chemicals railways defence and marine industries with offices present in Singapore the UAE Saudi Arabia and Europe.

Stock Price Movement​

Axis Solutions Ltd shares settled at ₹443.30 on Friday after edging up a notable 5.00% or ₹21.10. The stock saw movement within its trading session, ranging from a low of ₹423.00 to a high of ₹443.30.