OverviewSuggest Edit

Velcan SA, an independent hydro power producer, develops, finances, builds, and operates hydro power concessions. The company has built and operates a 15 MW hydroelectric concession in Brazil; owns rights related to hydroelectric concessions projects amounting to 803 MW in India, Brazil, and Indonesia; and develops 146 MW hydroelectric projects in Indonesia. It also engages in carbon credit trading activities; and the provision of engineering services. The company also operates in Europe, rest of South America, the Middle East, Africa, and rest of Asia. Velcan SA was founded in 2005 and is based in Luxembourg.

TypePublic
Founded2005
HQLuxembourg, LU
Websitevelcan.lu

Latest Updates

Employees (est.) (Feb 2019)29(-23%)
Share Price (Oct 2017)€10.4

Velcan Office Locations

Velcan has offices in Luxembourg, New Delhi, Quatre Bornes, Singapore and in 1 other location
Luxembourg, LU (HQ)
11 Avenue Guillaume
New Delhi, IN
Sujan Singh Park
Quatre Bornes, MU
Bank Street
Singapore, SG
1 Scotts Rd, #24-05 Shaw Centre
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Velcan Financials and Metrics

Velcan Revenue

Market capitalization (31-Oct-2017)

60.1m

Closing stock price (31-Oct-2017)

10.4
Velcan's current market capitalization is €60.1 m.
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Velcan Online and Social Media Presence

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Velcan Blogs

Velcan Holdings: Completion of the First Phase of the Land Acquisition Procedure of the Indian Hydropower Projects

As announced by the press release dated 8th April 2019, the first phase of the land acquisition procedure was extended by 6 months, up to the deadline of 26th September 2019, to issue the “Section 11 preliminary notification” under the regulations applicable to the Heo-Tato1 hydropower tandem projec…

Velcan Holdings: Completion of the Share Buyback Programme Launched on 13 September 2018 and Cancellation of the Purchased Shares

The Board of Directors announces that the Company has repurchased all the planned 254,128 shares, at a weighted average price of EUR 7.92 per share and for a total amount of EUR 2,011,551 in accordance with the description of the share buyback program published on September 13th, 2018 and the resolu…

Velcan Holdings: Annual Report 2018

POSITIVE NET RESULT DESPITE POOR FINANCIAL MARKETS PERFORMANCE AND DECLINE OF REVENUES SIGNIFICANT PROGRESS OF THE LAND ACQUISITION FOR THE INDIAN HYDROPOWER PROJECTS   NON AUDITED KEY CONSOLIDATED FIGURES 2018 2017 Var % Revenues (EUR m) 2.6 3.1 -17% EBITDA (EUR m) -1.6 -1.7 +4% Net Income (EUR m) …

Velcan Holdings: Extension of time for the land acquisition procedure of the Indian hydropower projects

Under the land acquisition regulations applicable to the Heo-Tato1 hydropower tandem project (426 MW) in India, the “Section 11 preliminary notification” was due by 27th March 2019. Such notification is the act by which the State Government decides it is appropriate to acquire the concerned land for…

Velcan Holdings: Non-audited & condensed consolidated accounts to be published from F.Y. 2018 onwards

In compliance with applicable regulations, Velcan Holdings will publish audited Lux GAAP statutory financial statements, as previously, and non-audited and condensed consolidated accounts from the financial year 2018 included, instead of audited IFRS consolidated accounts. In accordance with Luxembo…

Velcan Holdings: Half Yearly Results

  Consolidated Financial Data in Million Euros  30.06.2018  30.06.2017 Var % §  Turnover Half Year 1.2 1.5 -15% §  EBITDA Half Year -0.4 -0.1 -366% §  Net Result Half Year 1.2 -4.6 NA  30.06.2018  31.12.2017  Var % §  Cash & Financial assets 99 101 -2% §  Market Capitalization 58 66 -12% §  Cons…
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Velcan Frequently Asked Questions

  • When was Velcan founded?

    Velcan was founded in 2005.

  • How many employees does Velcan have?

    Velcan has 29 employees.

  • Who are Velcan competitors?

    Competitors of Velcan include Energy & Meteo Systems, Fuel Tech and Alphabet Energy.

  • Where is Velcan headquarters?

    Velcan headquarters is located at 11 Avenue Guillaume, Luxembourg.

  • Where are Velcan offices?

    Velcan has offices in Luxembourg, New Delhi, Quatre Bornes, Singapore and in 1 other location.

  • How many offices does Velcan have?

    Velcan has 6 offices.