Corrtech Energy Ltd

In-house manufacturing facility with stringent quality control mechanism.

Long standing relationship with our customers and prequalification experience helps us in securing projects.

Varied product range appealing to a diverse customer base.

Wide Range of Products.

The company derives majority of its revenue from the development of projects in the oil and gas sector and its financial condition would be materially and adversely affected if the company fail to obtain new contracts.

Its Order Book may not necessarily translate into future income in its entirety or could be delayed. Some of its current orders may be modified, cancelled, delayed or not fully paid for by its clients, which could adversely affect the company's business reputation, which could have a material adverse effect on its business, financial condition, results of operations and future prospects.

Its business is capital intensive. If the company experience insufficient cash flows or are unable to raise external funding to meet its working capital requirements, there may be an adverse effect on the results of its operations. Further, the company is required to furnish financial and performance bank guarantees for its contracts. Inability on its part to arrange such guarantee or the invocation of such guarantees by the other party may result in forfeiture of bid security or earnest money deposit and termination of the relevant contract thereby affecting results of its operations, financial condition and other prospects.

The projects the company develop in the O&G segment are awarded primarily through a competitive bidding process. Its may not' always be able to qualify for, compete and win projects, which could adversely affect its business and results of operations.