DEE Development Engineers Secures Orders Worth Over ₹170 Crore Across India and Thailand

DEE Development Engineers Limited (BSE: 544198 | NSE: DEEDEV), a leading manufacturing and process piping solutions provider, has strengthened its order book by securing new orders worth more than ₹170 crore from major domestic and international industrial players in the energy and industrial infrastructure sectors. The orders span the company’s operations in India and its subsidiary in Thailand.

In the domestic market, the company has secured contracts aggregating approximately ₹88 crore. Two major orders valued at a combined ₹62 crore have been awarded by leading Indian multinational conglomerates operating in the power sector. The scope of work includes the manufacturing of critical piping systems for infrastructure applications. Delivery timelines for these projects range between six to eight months and extend up to one year.

In addition, Bharat Heavy Electricals Limited (BHEL), India’s largest government-owned engineering and manufacturing enterprise in the power sector, has awarded DEE a ₹26 crore contract. The mandate involves the manufacturing and supply of specialized headers and vessels for industrial applications. Both domestic orders will be executed on a job-work basis, with materials supplied by the customers and manufacturing carried out at DEE’s facilities in India. The delivery schedule for these mandates is within one year.

On the international front, DEE’s material subsidiary in Thailand has secured contracts aggregating approximately USD 9.5 million. The subsidiary has received an order worth around USD 8 million (approximately ₹70+ crore) from a US-based OEM in the power sector for the manufacturing of Heat Recovery Steam Generator (HRSG) piping across multiple units. This project will be executed on a job-work basis and is scheduled for completion by December 2028.

Additionally, the Thailand subsidiary has secured another order valued at approximately USD 1.5 million (around ₹13+ crore) for the manufacturing of pipe fittings and flanges on a material supply basis, with deliveries scheduled through December 2027. Notably, this marks the first fittings order secured by the subsidiary, broadening its product execution capabilities.

Commenting on the development, Chairman and Managing Director K. L. Bansal said the new orders reinforce the company’s position as a trusted manufacturing partner for leading power and industrial infrastructure companies. He stated that the job-work nature of the domestic mandates reflects customer confidence in the company’s execution capabilities, quality systems, and operational reliability. Referring to the previously announced ₹330+ crore international HRSG piping mandate and ongoing order momentum across markets, he expressed optimism about sustained order inflows and emphasized the company’s continued focus on strengthening manufacturing capabilities and operational readiness.

With ongoing investments in the power and industrial infrastructure segments, DEE Development Engineers remains well-positioned to meet complex process piping and engineered systems requirements through its integrated manufacturing footprint and execution expertise.

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