Dee Development Engineers Secures $40M International Order

Dee Development Engineers Ltd has disclosed the receipt of a significant order from an international OEM conglomerate in the power sector. The customer, headquartered in the US, has awarded the company a contract for the supply of HRSG piping for 16 units. The total value of the order exceeds 40 million US dollars. The execution of this contract is scheduled to be completed by February 18, 2027.

The order was awarded by an international entity, and the nature of the contract involves the supply of process piping solutions for various HRSG projects. The company has received a Letter of Intent confirming the terms of the order, which outlines the scope of work and the timeline for completion.

There are no related party transactions involved in this order, and the promoter or promoter group of Dee Development Engineers Ltd does not have any interest in the entity that awarded the contract. The company has not disclosed the name of the customer due to commercial confidentiality.

The awarding entity is described as one of the largest international OEM conglomerates in the power sector. This organization focuses on providing comprehensive solutions and services in the power industry, leveraging its global presence and expertise to deliver innovative and efficient energy solutions.

Dee Development Engineers Ltd specializes in providing engineering solutions, particularly in the field of process piping. The company focuses on delivering high-quality products and services to its clients across various sectors. Its strategic priorities include expanding its international footprint and enhancing its capabilities in delivering complex engineering projects.