Avanceon secures $9 million projects across energy, infrastructure, hospitality sectors

Avanceon Limited has secured new projects worth $9 million in Pakistan spanning the energy, infrastructure and hospitality sectors, according to a material disclosure submitted to the Pakistan Stock Exchange on January 29.

The company said it has received letters of intent worth $5.7 million for projects in the energy sector, where it will deliver terminal automation and digital transformation solutions. These projects include deployment of solar-powered control systems, resilient communication networks, centralized SCADA integration and cybersecurity measures compliant with IEC 62443 standards, aimed at improving efficiency and regulatory compliance across energy infrastructure.

Avanceon has also secured $3.3 million in projects across the hospitality, retail and real estate sectors, marking its entry into the hospitality automation market. These contracts involve the delivery of ELV systems, building management systems, fire alarm solutions, guest room management systems and IT network infrastructure to support energy optimisation and centralized asset management.

The company said the new projects are expected to contribute positively to group business performance and shareholder value. Implementation will be carried out in collaboration with original equipment manufacturers and will follow HAZOP studies and ISO 9001-certified quality assurance and control protocols, in line with customer and regulatory requirements.

Avanceon did not disclose client names or detailed project information, citing confidentiality commitments.