New Launch27 Feb 2026, 02:50 pm
DEE Development Engineers Secures INR 58 Crores Seamless Pipe Manufacturing Contract
AI Summary
DEE Development Engineers Limited has secured a 58 crore contract for the manufacture and supply of alloy steel seamless pipes. The contract will be executed at the Company's upcoming seamless forged pipe manufacturing facility in Anjar, Gujarat. The mandate has been awarded by a joint venture of an Indian and foreign conglomerate operating in the power sector. Manufacturing is scheduled for completion by December 2026.
Key Highlights
- Contract value: INR 58 crore
- Customer: Joint venture of an Indian and foreign conglomerate in the power sector
- Scope: Manufacturing of alloy steel seamless pipes at Anjar facility
- Execution period: To be completed by December 2026
- First contract for the upcoming seamless pipe plant in Anjar, Gujarat