Dee Development Engineers Ltd Reports INR 211 Crores in Potential Orders and Continued Supply of Power to Punjab State Power Corporation Limited

Dee Development Engineers Ltd has reported updates on its Order Book for February 2026. The company has an order book of INR 1,029.42 crores as of February 28, 2026. The company is also L1 for orders worth INR 211 crores from reputed clients. The Power Division of the company has a Power Purchase Agreement (PPA) in place with Punjab State Power Corporation Limited for its Biomass Power Generation business, with an average billing of INR 80 crore per year. The PPA has been extended for another 10 years. The tariff of the Power Division was revised to Rs. 5.877 per unit by Hon'ble PSERC, but the company has filed an appeal before the hon'ble High Court of Punjab & Haryana against the order. The company shall continue to supply electricity to PSPCL at the prevailing tariff of ¥7.47 per unit until the final disposal of the matter by the Hon’ble High Court.