Avanceon Limited has secured new projects worth $9 million in Pakistan across the energy, infrastructure, and hospitality sectors, according to a disclosure filed with the stock exchange.
The company said the projects will support its business outlook and create value for shareholders.
Avanceon said it has secured letters of intent totaling $5.7 million for energy-sector projects. The scope includes terminal automation and transformation initiatives featuring solar-powered control systems, resilient communication networks, centralized SCADA integration, and IEC 62443-compliant cybersecurity measures.
The company also disclosed $3.3 million in projects spanning the hospitality, retail, and real estate sectors. These projects include the delivery of extra-low voltage (ELV) systems, building management systems, fire alarm solutions, guest room management systems, and IT network solutions.
Avanceon added that project implementation will adhere to safety and quality standards, including HAZOP studies and ISO 9001-based quality assurance and quality control (QA/QC) protocols. The company did not disclose customer names or detailed project information, citing confidentiality commitments.
