EIL secures business worth over Rs 4,500 crores in FY 2022-23
EIL secures business worth over Rs 4,500 crores in FY 2022-23

EIL secures business worth over Rs 4,500 crores in FY 2022-23

Engineers India Limited (EIL) on Monday said that it has recorded substantial growth in terms of business in the financial year 2022-23

New Delhi: Engineers India Limited (EIL) on Monday said that it has recorded substantial growth in terms of business in the financial year 2022-23 (FY 2022-23). According to an official statement EIL, it has secured business of over Rs 4,500 crores vis-a-vis (approx.) in FY 2022-23. While business of Rs 1,700 crores was secured in FY 2021-22. Besides other areas, significant jump is witnessed in the business secured from the international assignments to around Rs 600 crores from less than Rs 50 crores in FY 2021-22.

While maintaining its leadership position in the Hydrocarbon Sector, EIL has also secured substantial business in Infrastructure sector and also marked significant entry into new segments of Green Hydrogen, Waste to Fuel, Niche chemicals & Defence.

During the year, EIL signed MoUs/MoAs and Strategic Alliances for business growth with leading Oil Sector companies and Technology Providers. While EIL consolidated its presence in Nigeria and Middle East, it secured projects in new geographies such as Guyana.

EIL is a leading global engineering consultancy and EPC company. Established in 1965, EIL provides engineering consultancy and EPC services principally focused on the oil & gas and petrochemical industries.

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