Engineers India Wins Rs 6.2 Billion Contract for Fertilizer Project

16 Sep 2025 CW Team

Engineers India rose 2.38 per cent to Rs 213.95 after securing a contract worth Rs 6.18 billion to provide project management consultancy (PMC) and engineering procurement and construction management (EPCM) services for a new fertilizer plant in Africa.

The contract, awarded by an African-based fertiliser firm, covers comprehensive consultancy and engineering services for establishing the new facility. The project is scheduled for execution over a 24-month period, the company stated in a regulatory filing.

While specific terms and conditions remain undisclosed due to confidentiality agreements, the contract’s estimated value stands at approximately Rs 6.18 billion. Engineers India confirmed that its promoter, promoter group or group companies have no interest in the awarding entity, and the transaction does not qualify as a related party deal.

The project reinforces Engineers India’s presence in the global market and highlights its expertise in delivering large-scale infrastructure projects across sectors including hydrocarbons, petrochemicals and fertilisers.

Engineers India is an engineering consultancy and technology licensing firm specialising in hydrocarbons, petrochemicals, fertilisers, metallurgy, ports and terminals, among other industries. It also operates a DSIR-recognised R&D centre.

For Q1 FY26, the company reported a 28.6 per cent decline in consolidated net profit, which fell to Rs 654 million, despite a 39.5 per cent rise in revenue from operations to Rs 8.70 billion compared to Q1 FY25.

Infrastructure Transport

12 Mar 2026

Kavach 4.0 Commissioned on Delhi–Mumbai and Delhi–Howrah

"Kavach version four has been commissioned on 1,452 route km, covering the high density Delhi–Mumbai and Delhi–Howrah corridors. The rollout included laying 8,570 km of optical fibre, installation of 1,100 telecom towers, deployment of trackside equipment over 6,776 RKm and establishment of 767 station data centres. Trackside implementation has been taken up on 24,427 RKm covering Golden Quadrilateral, Golden Diagonal and High Density Network sections. The programme aims to strengthen signalling and train protection on key routes.Kavach is an indigenously developed automatic train protecti..

Railways Advance Kalyan–Murbad Line And Mumbai Capacity Expansion

"Indian Railways is advancing multiple rail infrastructure projects in Maharashtra, including the sanctioned Kalyan–Murbad new line and sizable investments under the Mumbai Urban Transport Project and the Mumbai–Ahmedabad High Speed Rail project. The Kalyan–Murbad 28 km new line has been sanctioned at Rs 8.36 billion (bn) on a 50:50 cost-sharing basis with the Government of Maharashtra and has been declared a Special Railway Project for land acquisition; proposals covering 214 hectares are at various stages of acquisition. Budgetary outlay for projects falling fully or partly in Maharash..

Parliamentary Panel Flags Funding Gaps in Heavy Industries

"The Department-Related Parliamentary Standing Committee on Industry (Rajya Sabha) presented its 332nd report on the Demands for Grants 2026-27 of the Ministry of Heavy Industries (MHI). Figures converted from crore and lakh are expressed in million (mn). The Budget Estimates 2026-27 for the Ministry stand at Rs 79,399 mn against a projected requirement of Rs 94,843.2 mn, a shortfall of about 16 per cent, with revenue at Rs 79,370.8 mn and capital compressed to Rs 28.2 mn from Rs 5,020 mn.The committee flagged recurring BE-to-RE compression and declining revised estimate utilisation, and calle..