Engineers India Limited — New Orders, 07-02-2025: Bagging/Receiving of orders/contracts

Engineers India Limited (EIL) has received a significant project from Indian Oil Corporation Limited (IOCL). EIL has been awarded Phase-I of Project Management Consultancy Services (PMC-1) for the Paradip Naphtha Cracker (PDNC) Block and High Density Polyethylene (HDPE) Units, part of the Paradip Petrochemical Complex (PDPC) Project. The total estimated contract value is approximately Rs. 54 Cr. This partnership positions EIL in a crucial role within a major petrochemical project, offering potential growth opportunities. Investors should view this as a positive development for EIL’s future revenue streams and strategic positioning in the industry.