DEE Development Engineers’ Subsidiary Secures ₹64 Crore Windmill Tower Manufacturing Order
National, 23 June 2026: DEE Development Engineers Limited (BSE: 544198 | NSE: DEEDEV) announced that its wholly owned subsidiary, DEE Fabricom India Private Limited, has secured an order valued at approximately ₹64 crore (inclusive of GST) from Ganeko Solar Private Limited for the manufacturing of windmill towers.
Under the scope of the contract, DEE Fabricom will manufacture fifteen EN156 Envision make 353 MT windmill towers for 3.3 MW wind turbines, supporting the continued expansion of renewable energy infrastructure in India. The order is scheduled for execution by January 2027.
The order further strengthens DEE Fabricom’s presence in the wind energy value chain and builds on the subsidiary’s growing track record in manufacturing large-scale structures and engineered products for the renewable energy sector. With increasing investments in wind energy capacity across India, the company continues to see opportunities for specialized manufacturing and fabrication solutions.
Commenting on the development, Mr. K. L. Bansal, Chairman and Managing Director, DEE Development Engineers Limited, said: "With our continued participation in India’s renewable energy growth story, this order further reflects customer’s confidence in our manufacturing quality and execution capabilities. The wind energy sector is witnessing strong momentum, supported by policy initiatives, capacity addition targets, and growing investments in clean energy infrastructure. DEE Fabricom has steadily strengthened its capabilities in this segment, and we believe the increasing scale of renewable energy deployment will continue to create meaningful opportunities for specialized manufacturing partners. We remain focused on delivering this project efficiently while further expanding our presence across high-growth infrastructure sectors."
During FY26, DEE reported revenue of ₹1,142 crore, up 38% year-on-year, Operating EBITDA of ₹191 crore, up 54% year-on-year, and Profit After Tax of ₹77 crore, up 77% year-on-year. The company’s order book stood at ₹2,433.90 crore as of 31 May 2026, providing strong execution visibility across its engineering, piping, fabrication, and renewable energy businesses.