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As per the contract terms, Dee Development Engineers will provide piping spool fabrication services. This includes non-destructive testing (NDT), post-weld heat treatment (PWHT), blasting and painting, packing, and transportation up to the FOB (free on board) port.
The company is required to complete the contract by 28 February 2026.
DEE Development Engineers (DDEL) is an engineering company providing specialized process piping solutions for industries such as oil and gas, power (including nuclear), process industries and chemicals through engineering, procurement and manufacturing services.
The company’s consolidated net profit soared 165.6% to Rs 31.50 crore on 17.75% jump in revenue from operations to Rs 286.36 crore in Q4 FY25 over Q4 FY24.
DEE Development Engineers announced a strategic partnership with International Clean-Tech Partner, a globally recognized innovator in sustainable energy technologies. This collaboration marks DDEL's strategic entry into the green hydrogen sector, with a focus on deploying modular hydrogen production systems across India and Thailand.
Under a newly signed Memorandum of Understanding (MoU), the two companies will co develop, bid for, and execute Green Hydrogen Production System Projects. The partnership will combine International Clean-Tech Partner's global leadership in hydrogen technologies—including Electrolysers, Separators, and Hydrogen Purification Systems— with DDEL's strength of manufacturing ultra-pure hydrogen purification systems with up to 99.9999 % purity, its project execution, marketing, and long-standing marquee customer base.
International Clean-Tech Partner brings a legacy of excellence in environmental and clean energy systems, with a global footprint spanning advanced hydrogen generation plants, flue gas cleaning systems, and ultra-low emission technologies. Its projects across multiple countries deliver high-efficiency, environmentally sustainable outcomes.
DDEL, meanwhile, has significantly strengthened its Green Energy Portfolio through the recent acquisition of a majority stake in M/s Molsieve Designs Limited, a company with over 22 years of experience in manufacturing Hydrogen Purification Systems with up to 99.9999 % purity. This acquisition adds substantial technical know-how and production capacity to DDEL's integrated clean energy capabilities.