Engineers India Ltd (EIL) reported a record-high order book and growing overseas presence, supported by projects in refining, fertilisers, power and energy transition across India, Africa, the Middle East and emerging markets.
Addressing a press briefing on the sidelines of India Energy Week on Thursday, Vartika Shukla, Chairman & Managing Director, Engineers India Ltd, said the company has consciously repositioned itself post-Covid through diversification, operational efficiencies and technology-led execution.
“EIL has always worked from concept to commissioning, driven by technology, intellectual property and engineering know-how that helps reduce costs and expedite project schedules,” Shukla said.
As of now, EIL’s total order book stands at around ₹15,800 crore — the highest in the company’s history — with international projects accounting for nearly 40 per cent.
The PSU engineering major reported an order inflow of about ₹7,600 crore so far in the current financial year, close to last year’s record inflow of ₹8,200 crore, underlining the sustainability of its growth trajectory.
A major highlight of EIL’s global portfolio is its work on the Dangote Refinery complex in Nigeria, where the company has secured a $360 million contract for phase-II implementation, in addition to a $70 million fertiliser contract.
“We executed phase-I of the Dangote refinery — 650,000 barrels per day — at a single location. Phase-II will take the capacity to 1.3 million barrels per day, making it the largest refinery complex in the world. This phase will also integrate large-scale urea-ammonia plants, polymer units and gas monetisation, setting new global benchmarks,” Vartika Shukla, chairman and managing director of EIL, said while speaking at a press briefing on the sidelines of India Energy Week on Thursday.
On the domestic front, EIL is close to completing a large data centre infrastructure project for a state government. It is also scaling up operations in the Middle East, particularly in Abu Dhabi, where its engineering services order book has grown to $180 million, up from $100 million last year.
Looking ahead, the company plans on securing strategic partnerships rather than acquisitions to expand its global footprint. The company has signed an MoU with NMDC to jointly bid for Middle East projects and is collaborating with global and Indian partners on bio-ATF, solar and clean energy technologies.
