New Delhi, February 23 DEE Development Engineers announced on Monday that it has secured orders totaling over Rs 170 crore across its domestic and overseas operations.
"These orders further solidify our position as a trusted manufacturing partner for leading power and industrial infrastructure companies," said K L Bansal, Chairman and Managing Director of DEE Development Engineers, in a statement.
DEE Development Engineers Ltd, a leading provider of manufacturing and process piping solutions, has strengthened its order book with orders exceeding Rs 170 crore from prominent domestic and international industrial players in the energy and industrial infrastructure sectors across its operations in India and Thailand.
The company has secured domestic contracts totaling approximately Rs 88 crore.
The first two orders, valued at a combined Rs 62 crore, have been awarded by leading Indian multinational conglomerates operating in the power sector.
The work scope includes the manufacturing of critical piping systems for infrastructure applications, with delivery timelines ranging from 6-8 months to up to a year.
The second order, valued at Rs 26 crore, has been awarded by Bharat Heavy Electricals Ltd (BHEL), India's largest government-owned engineering and manufacturing enterprise in the power sector.
The mandate includes the manufacturing and supply of specialized headers and vessels for industrial use.
Domestic orders will be executed on a job-work basis, with materials supplied by the customers and manufacturing undertaken at DEE Development Engineers' manufacturing facilities in India. The delivery schedule for both contracts is within one year.
The company has also secured international contracts totaling approximately USD 9.5 million, it added.