DEE Fabricom secures Rs 90 crore wind tower order, largest to date
Author: PPD Team Date: February 9, 2026
Author: PPD Team Date: February 9, 2026
DEE Development Engineers Limited announced its wholly owned subsidiary, DEE Fabricom India Private Limited, has received a letter of intent for a windmill tower supply contract valued at around Rs 90 crore, marking the largest order in the subsidiary’s operating history.
In a regulatory filing dated February 6, 2026, the company said the contract covers the supply of windmill towers. The customer has not been disclosed due to commercial considerations, though the order has been confirmed as originating from a domestic entity. The execution period is scheduled from May 2026 to January 2027.
The order announcement was made alongside the company’s financial results for the third quarter of FY26. DEE Development reported revenue of Rs 286.7 crore for the quarter, reflecting a 77% year-on-year increase, and posted a net profit of Rs 18.6 crore, compared with a loss in the corresponding period last year. The company also reported a one-time adjustment of Rs 4.2 crore related to the implementation of new labour code provisions.
DEE Development said its core process piping solutions business continues to perform strongly. As of December 31, 2025, the company reported a closing order book of Rs 1,302.73 crore, supported by steady demand from the oil and gas and power sectors.
The featured photograph is for representation only.
Author: PPD Team Date: January 9, 2025 Mahindra has opened a new manufacturing and battery assembly facility at its Chakan plant, dedicated to producing Electric Origin SUVs. The facility, powered entirely by renewable energy, operates as a water-positive unit within Mahindra’s Chakan manufacturing hub. This development is part of Mahindra’s Rs 45 billion investment from its Rs 160 billion FY22–FY27 investment cycle, which includes powertrain development, new product platforms, and expanded manufacturing capacity. The facility…
Author: PPD Team Date: October 22, 2024 Oriana Power Limited has won an order from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to develop a 75 MW solar power plant in Maharashtra. The project falls under Component C of the PM-KUSUM Scheme, focusing on feeder-level solarisation and includes land and transmission line development. Additionally, Oriana Power recently secured a 128 MW solar project from Dalmia Cement in Tamil Nadu, valued at Rs 5.2 billion, further…
Author: PPD Team Date: December 4, 2024 JDR Cable Systems, part of the TFKable Group, has secured a contract from DEME Offshore for the Coastal Virginia Offshore Wind (CVOW) project, the largest offshore wind farm in the United States. The 2.6-GW project will supply power to 660,000 homes and contribute to the US goal of deploying 30 GW of offshore wind energy by 2030. JDR will manage the installation and testing of 66kV subsea inter-array…
Author: PPD Team Date: December 18, 2024 GE Vernova has secured its first order for H-Class natural gas-fired combined cycle power generation equipment in the Caribbean. The equipment will be deployed at Generadora San Felipe Limited’s (GSF) new 470 MW San Felipe power station in Punta Caucedo, Boca Chica, Dominican Republic. This development supports the country’s energy transition goals by enhancing renewable energy integration with reliable, dispatchable power. As natural gas has become the dominant…
Author: PPD Team Date: January 19, 2026 The Ministry of Power (MoP) has issued amendments to its Supplementary Guidelines for compensation related to the Right of Way (RoW) for transmission lines. The revisions target procedural delays in land valuation, aiming to accelerate the compensation process for affected landowners under the framework established in the guidelines dated March 21, 2025. The amendments specifically modify the Land Valuation Methodology. The updated procedure requires the Monitoring and Review…
Author: PPD Team Date: March 13, 2025 The Ministry of New and Renewable Energy (MNRE) has issued updated domestic content requirement (DCR) norms for solar cells. According to the new guidelines, only solar cells based on crystalline-silicon technology and manufactured in India using undiffused silicon wafers (black wafers) will qualify as domestically produced. These wafers fall under Customs Tariff Head 3818, and all manufacturing processes, from wafer to solar cell, must be carried out within…