EIL Wins Rs 2.52 Bn EPCM Contract from NRL
POWER & RENEWABLE ENERGY

EIL Wins Rs 2.52 Bn EPCM Contract from NRL

Engineers India (EIL) has secured an Engineering, Procurement, and Construction Management (EPCM) contract valued at Rs 2.52 billion (excluding GST) from Numaligarh Refinery (NRL) in Assam. The contract involves engineering, procurement, construction, and management services for a 360-kilo-tonnes per annum (KTPA) polypropylene unit (PPU) project at NRL’s Numaligarh refinery.

The project was initially estimated to take 36 months for completion. Although the contract was officially awarded on March 13, certain terms required clarifications, which were finalized by March 17. Due to confidentiality agreements, EIL has not disclosed further project details. The company already holds a minority stake in NRL, reinforcing its association with the refinery.

EIL, a Navratna public sector undertaking under the Ministry of Petroleum and Natural Gas, plays a significant role in the oil and gas industry. Its operational efficiency has contributed to a notable financial performance, with a 78 per cent year-on-year increase in net profit for Q3 FY25. The company reported a net profit of Rs 930.8 million for the quarter ended December 31, 2024, compared to Rs 520.7 million in the same period the previous year.

EBITDA for the quarter surged by 95.8 per cent year-on-year, reaching Rs 980 million, nearly doubling from Rs 500 million in Q3 FY24. The new contract strengthens EIL’s order backlog, further solidifying its position in the engineering and refinery sector. The successful execution of the Numaligarh Refinery project is expected to enhance market confidence, potentially leading to stock re-rating. With a consistent increase in revenue, EIL continues to expand its presence in the industry.

News source: India Infoline

Engineers India (EIL) has secured an Engineering, Procurement, and Construction Management (EPCM) contract valued at Rs 2.52 billion (excluding GST) from Numaligarh Refinery (NRL) in Assam. The contract involves engineering, procurement, construction, and management services for a 360-kilo-tonnes per annum (KTPA) polypropylene unit (PPU) project at NRL’s Numaligarh refinery. The project was initially estimated to take 36 months for completion. Although the contract was officially awarded on March 13, certain terms required clarifications, which were finalized by March 17. Due to confidentiality agreements, EIL has not disclosed further project details. The company already holds a minority stake in NRL, reinforcing its association with the refinery. EIL, a Navratna public sector undertaking under the Ministry of Petroleum and Natural Gas, plays a significant role in the oil and gas industry. Its operational efficiency has contributed to a notable financial performance, with a 78 per cent year-on-year increase in net profit for Q3 FY25. The company reported a net profit of Rs 930.8 million for the quarter ended December 31, 2024, compared to Rs 520.7 million in the same period the previous year. EBITDA for the quarter surged by 95.8 per cent year-on-year, reaching Rs 980 million, nearly doubling from Rs 500 million in Q3 FY24. The new contract strengthens EIL’s order backlog, further solidifying its position in the engineering and refinery sector. The successful execution of the Numaligarh Refinery project is expected to enhance market confidence, potentially leading to stock re-rating. With a consistent increase in revenue, EIL continues to expand its presence in the industry. News source: India Infoline

Next Story
Infrastructure Transport

Tripura Rail Survey Approved For Jirania–Bodhjung Link

The Ministry of Railways has approved a Final Location Survey (FLS) for a proposed new railway line between Jirania and Bodhjung Nagar in Tripura. The planned section will span 14 km and is estimated to cost around Rs 4.2 million, with the entire alignment located within West Tripura district. The approval marks a key step towards strengthening railway infrastructure and supporting industrial growth in the state. Bodhjung Nagar is Tripura’s principal industrial and commercial hub, developed mainly for resource-based industries such as rubber, bamboo and food processing. The proposed Jirania..

Next Story
Infrastructure Transport

MCF Raebareli Rolls Out Its 15,000th Passenger Coach

The Modern Coach Factory (MCF) in Raebareli, Uttar Pradesh, has reached a major production milestone with the manufacture of its 15,000th passenger coach on December 15, the Ministry of Railways said. During the current financial year 2025–26, the unit has produced a total of 1,310 coaches so far. Established in 2007 at Lalganj in Raebareli, MCF is among India’s most advanced passenger coach manufacturing facilities. Built at a cost of around Rs 31.92 billion, the factory has an installed annual capacity of 1,000 coaches and is located about 3 km from Lalganj on the Kanpur–Raebareli Roa..

Next Story
Infrastructure Transport

RVNL Wins Gandak River Rail Bridge Contract

Rail Vikas Nigam Limited (RVNL) has received a Letter of Award from North Eastern Railway for a major railway infrastructure project valued at Rs 1.65 billion. The contract relates to the construction of the substructure for a key railway bridge over the Gandak River. The bridge will be constructed between Paniyahwa and Valmikinagar stations as part of the doubling of the Gorakhpur Cantt–Valmikinagar railway section. Designed to enhance capacity and operational efficiency, the structure will comprise 14 spans of 61 metres each and will be supported by double D-type well foundations. The des..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App