DEE Development Engineers Limited, a prominent player in the engineering solutions space with specialization in piping systems, has reported a strong order book position of ₹1,274.58 crore as of April 30, 2025. The company secured fresh orders worth ₹98.36 crore at the group level during the month, with execution reaching ₹51.95 crore, a reflection of the company’s operational efficiency and robust demand across sectors.
The Oil & Gas segment continues to lead DEE’s business portfolio, contributing a substantial ₹938.53 crore to the overall order book. Other key sectors include power and industrial operations, with both domestic and international projects notably through its overseas unit, DEE Thailand supporting the company’s expansion and diversification strategy.
“Despite broader market challenges, we remain committed to delivering high-quality engineering solutions across the energy, oil and gas, and industrial sectors,” said Krishan Lalit Bansal, Chairman & Managing Director of DEE Development Engineers Limited. “We will continue to uphold this standard, reflecting the trust our clients place in us and our ability to execute complex projects reliably. As we expand our global footprint and strengthen our core offerings, our focus remains on building long-term value for our stakeholders while supporting the growth of the industry.”
In the renewable energy space, the company maintains a Power Purchase Agreement (PPA) with Punjab Discom for its Biomass Power Generation business, with an average annual billing of ₹80 crore over the past two years. The Punjab State Electricity Regulatory Commission has issued an interim order revising the tariff for Malwa Power Private Limited to a fixed rate of ₹3.50 per unit, following the expiry of the PPA on April 26, 2025. A final tariff order is expected soon, which will provide greater clarity on revenue expectations from this segment.
