DEE Development Engineers Secures $40 mn LoI for Major HRSG Piping Project

DEE Development Engineers (DDEL) recently said it has received a Letter of Intent (LoI) from a US-headquartered original equipment manufacturer (OEM) conglomerate in the power sector for the supply of Heat Recovery Steam Generator (HRSG) piping.

The LoI pertains to the supply of HRSG piping for 16 units and carries an aggregate order value of over $40 million. The contract is valid through February 18, 2027, the advanced piping and fabrication solutions provider said in a statement.

Commenting on the development, KL Bansal, Chairman and Managing Director of DDEL, said the order marks a significant endorsement of the company’s technical expertise. “This LoI from a major international power sector OEM is a strong recognition of our capabilities in delivering complex, high-specification process piping solutions,” he said.

The order is expected to strengthen the company’s presence in the global power sector and further bolster its international order book.