Palwal, February 23, 2026 (IST) – DEE Development Engineers Limited (BSE: 544198 | NSE: DEEDEV) has secured fresh contracts aggregating approximately ₹173 crore across domestic and international markets, strengthening its order book in the power sector piping segment.
The company confirmed that it has received job work contracts worth ₹88 crore in India, while its material subsidiary, DEE Piping Systems (Thailand) Co., Ltd., has secured overseas orders worth approximately $9.5 million, including both job work and material supply contracts.
Order Book Summary
| Segment | Nature | Value | Execution Timeline |
|---|---|---|---|
| Domestic – Company | Job Work Contracts | ₹88 Crore (approx.) | Within 1 year |
| International – Subsidiary | HRSG Piping (Job Work) | ~$8 Million | By December 2028 |
| International – Subsidiary | Pipe Fittings & Flanges (Material Basis) | ~$1.5 Million | By December 2027 |
| Total Aggregate | ₹173 Crore (approx.) |
Domestic Orders: BHEL and Power Sector JV
1. Bharat Heavy Electrical Limited (BHEL) – ₹26 Crore
DEE Development Engineers has received a Letter of Intent from Bharat Heavy Electrical Limited for manufacturing and supply of critical piping solutions, including headers and vessels, on a job work basis.| Particulars | Details |
|---|---|
| Client | Bharat Heavy Electrical Limited |
| Nature of Work | Manufacturing of critical piping (headers & vessels) |
| Contract Type | Job Work |
| Value | ₹26 Crore |
| Execution Period | Within one year |
2. Power Sector Joint Venture – ₹42+ Crore
The company has also secured additional domestic contracts exceeding ₹42 crore from a joint venture of an Indian and foreign power sector conglomerate. The name has not been disclosed due to commercial considerations.| Particulars | Details |
|---|---|
| Client | Power sector JV (Indian & foreign conglomerate) |
| Nature of Work | Manufacturing & supply of critical piping solutions |
| Contract Type | Job Work |
| Value | More than ₹42 Crore |
| Execution Period | Within one year |
International Orders via Thailand Subsidiary
DEE Piping Systems (Thailand) Co., Ltd., the material subsidiary of the company, has secured two significant contracts from a US-based OEM in the power sector.HRSG Piping – $8 Million
- Manufacturing of HRSG piping for 11 units
- Job work basis
- Execution by December 2028
Pipe Fittings & Flanges – $1.5 Million
- Manufacturing of pipe fittings and flanges for 7 units
- Material supply basis
- Execution by December 2027
| Particulars | HRSG Piping | Fittings & Flanges |
|---|---|---|
| Value | ~$8 Million | ~$1.5 Million |
| Units | 11 Units | 7 Units |
| Contract Type | Job Work | Material Basis |
| Delivery | By Dec 2028 | By Dec 2027 |
About DEE Development Engineers Limited
DEE Development Engineers Limited is engaged in the manufacturing and supply of high-pressure piping systems and related components for power, oil and gas, and process industries. The company operates manufacturing units in Palwal, Haryana, and also executes international contracts through its Thailand-based subsidiary. The company is listed on BSE and NSE under the ticker DEEDEV.Source:
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