DEE Development Engineers secures LoI for piping assembly contracts worth Rs 2.07 billion

DEE Development Engineers Limited has secured a letter of intent (LoI) for contracts worth Rs 2.07 billion
from a public sector Maharatna engineering, procurement and construction (EPC) company in the power
sector.
The scope of work includes the manufacture and supply of critical piping assemblies covering the main steam
package and hot reheat system. The orders for two units are scheduled for execution within 6-12 months of
the purchase order, while those for the remaining two units are expected to be completed within 2-15
months.