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Engineers India

Engineers India Limited (EIL) is a Navratna public sector undertaking of the Government of India under the administrative control of the Ministry of Petroleum and Natural Gas. Established in 1965 through a formation agreement between the Government of India and Bechtel International Corporation, USA, it operates as a leading multi-disciplinary engineering consultancy and EPC (engineering, procurement, and construction) company.^[1] Headquartered at Engineers India Bhawan in New Delhi, as of March 2025, EIL employs 2,650 professionals, including 2,372 engineers, and delivers integrated project management services across diverse sectors such as oil and gas, petrochemicals, refineries, fertilizers, infrastructure, power, and environmental engineering.^[2]^[3] With a focus on total energy solutions for sustainability, as of March 2025, EIL has executed more than 8,000 assignments worldwide, including landmark projects like 20 of India's 23 refineries, 11 of 12 mega petrochemical complexes, and the $20 billion Dangote Oil Refinery in Nigeria.^[2] As of March 2025, the company holds 48 live patents and provides specialist services in areas such as plant operations, supply chain management, and modular fabrication, supported by annual capacities of 3.5 million man-hours for design and 1.3 million for construction management.^[2] As a majority government-owned entity with 51.32% promoter holding by the Government of India (as of September 2025), EIL maintains a global presence through several overseas offices in locations including Abu Dhabi, London, Milan, Shanghai, and Moscow, while prioritizing innovation, integrity, and customer delight in its operations.^[4]^[2] In recent years, EIL has expanded into emerging areas like biofuels, solar and nuclear power, water and waste management, and offshore engineering, contributing to India's energy security and sustainable development goals.^[2] It operates subsidiaries such as Certification Engineers International Limited (CEIL) and joint ventures like Ramagundam Fertilizers and Chemicals Limited (RFCL), enhancing its capabilities in certification, inspection, and fertilizer production.^[2] Recognized for its role in building India's hydrocarbon infrastructure, EIL continues to undertake high-value international projects while adhering to ethical standards and fostering stakeholder value.^[2]

Introduction

Company Profile

Engineers India Limited (EIL) was incorporated on March 15, 1965, as a Navratna public sector undertaking under the Ministry of Petroleum and Natural Gas, Government of India.^[5]^[6]^[7] Headquartered in New Delhi at Engineers India Bhawan, 1 Bhikaji Cama Place, the company serves as a key player in India's energy sector, focusing on engineering solutions for critical infrastructure.^[8] With approximately 2,650 employees as of March 2025, EIL maintains a robust workforce dedicated to technical excellence and project execution.^[9] The company's primary services encompass engineering, procurement, and construction management (EPCM), as well as project management consultancy (PMC), tailored for hydrocarbon, petrochemical, and related industries such as oil and gas refining, fertilizers, and infrastructure.^[10]^[11]^[12] These offerings include process design, feasibility studies, detailed engineering, procurement support, and construction oversight, enabling clients to develop complex energy projects efficiently. EIL's expertise extends to integrated project management, ensuring seamless execution from conceptualization to commissioning.^[13] EIL's mandate centers on providing indigenous technology solutions for sustainable energy infrastructure, with a core emphasis on hydrocarbons while diversifying into renewables like biofuels, offshore wind, and net-zero initiatives to align with India's energy transition goals.^[14]^[15] The company operates in over 17 countries worldwide, with a global footprint spanning the Middle East, Africa, Asia, and beyond, executing projects in regions including Nigeria, Mongolia, Oman, and Guyana.^[16]^[17] This international presence underscores EIL's role in fostering energy security and economic development through innovative, cost-effective solutions.^[18] As part of its growth strategy, EIL targeted a market capitalization of ₹15,000 crore by 2025 through diversification into clean energy and overseas markets, though it stood at approximately ₹11,000 crore as of November 2025.^[19]^[20]

Mission and Vision

Engineers India Limited's mission is to achieve customer delight through innovative, cost-effective, and value-added consulting and engineering, procurement, and construction (EPC) services, while maximizing wealth, value, and satisfaction for stakeholders in alignment with high standards of business ethics and national policies.^[21] This mission underscores the company's dedication to delivering superior solutions in the energy and infrastructure sectors, prioritizing efficiency and stakeholder engagement as foundational elements of its operations. The vision of Engineers India Limited is to become a global leader in offering total energy solutions for a sustainable future.^[21] This aspiration drives the organization toward excellence in engineering services, with a strong emphasis on pioneering green technologies such as green hydrogen and advanced biofuels, which align with India's national objective of attaining net-zero emissions by 2070.^[22] As part of this vision, the company has committed to its own net-zero carbon emissions target by 2035, integrating sustainability into core business practices through initiatives like carbon capture, utilization, and storage (CCUS), waste-to-energy projects, and renewable energy installations, including 1,292 KWp of solar capacity as of FY 2024-25.^[23] At the heart of Engineers India Limited's ethos are its core values, which include integrity and trust as fundamentals of functioning, passion in pursuit of excellence, quality as a way of life, collaboration through cross-functional teams, a sense of ownership, and a commitment to sustainability.^[21] These values foster innovation, with a particular emphasis as of 2025 on AI-driven solutions—such as EngAICosting™ for cost estimation, EngCO₂™ for emissions management, and EngProjectView™ for project monitoring—and carbon-conscious designs to enhance operational efficiency and environmental responsibility.^[23] Employee empowerment is integral, supported by continuous knowledge updates and benchmarking against superior role models to nurture customer relationships and value addition. The company's strategic pillars guide its long-term aspirations and include strategic alliances, diversification into renewables and emerging sectors, innovation through technology, expansion of geographies, operational excellence, energy transition, infrastructure development, and penetration into global markets.^[23] This framework emphasizes digital transformation via tools like paperless systems and AI-powered analytics for health, safety, and environment (HSE) monitoring, alongside international growth in regions such as the Middle East, Africa, and Latin America through projects like green ammonia in Oman and refineries in Nigeria and the UAE.^[23]

History

Establishment and Early Years

Engineers India Limited (EIL) was established on March 15, 1965, initially as Engineers India Private Limited, by the Government of India as a joint venture with Bechtel International Corporation, USA, to foster indigenous engineering capabilities in the hydrocarbon sector during the post-independence push for industrialization.^[24] The company was formed to provide design and engineering services for petroleum refineries, pipelines, and related industrial projects, reducing dependence on foreign expertise.^[24] This initiative built on the precursor Central Design Organisation established in Baroda in the early 1960s, aiming to build self-reliance in refining technologies amid India's growing energy needs.^[24] Bechtel withdrew from the joint venture in May 1967, after which EIL became a wholly owned Government of India company.^[24] The company's initial mandate centered on technical consultancy for oil refineries, pipelines, and fertilizer plants, with a focus on technology indigenization through collaborations. Its first major assignment was the engineering for the Madras Refinery Project (now Chennai Petroleum Corporation Ltd.) in 1967, marking EIL's entry into refinery design and off-site facilities.^[24] Subsequent early projects included sub-contract work for lubricant plant off-sites in Mumbai and the commencement of the 2.5 million tonnes per annum (MTPA) Haldia Refinery for Indian Oil Corporation Limited (IOCL) in 1969. By the early 1970s, EIL had completed key assignments such as the 200,000 tonnes per annum (TPA) Lube Blending Plant for IOCL in Madras in 1970, contributing to the expansion of India's refining infrastructure.^[24] In its formative years through the 1970s, EIL played a pivotal role in achieving India's self-reliance in hydrocarbon processing by executing over a dozen refinery and related projects, including diversification into petrochemicals with the IPCL complex in Baroda starting in 1967.^[25] These efforts helped establish technical foundations for domestic energy security, with the company completing foundational designs that supported the nation's transition from import-dependent refining to indigenous capabilities. One significant challenge was the technology transfer from international partners like Bechtel, which ended in 1967, requiring EIL to independently adapt and develop expertise through job-by-job collaborations with overseas specialists such as Snam Progetti.^[24] This period solidified EIL's reputation as a cornerstone of India's industrial growth in the hydrocarbon domain.^[25]

Expansion and Diversification

In the 1980s and 1990s, Engineers India Limited (EIL) broadened its expertise beyond hydrocarbons, venturing into metallurgical engineering, power generation, and infrastructure development to support India's industrial growth.^[1] This period saw the company execute major projects like the Hazira-Bijaipur-Jagdishpur (HBJ) gas pipeline in 1986, which enhanced its capabilities in pipeline infrastructure.^[1] By 1997, EIL received Mini Ratna status from the Government of India, granting greater financial and operational flexibility for expansion.^[26] Internationally, EIL secured key contracts in the Middle East, including engineering services for refinery expansions in the UAE during the 1990s.^[27] Entering the 2000s, EIL diversified further into urban infrastructure sectors, aligning with national priorities for energy security and urbanization.^[28] The company established its Abu Dhabi office in 1996 to facilitate business in the Middle East and Southeast Asia regions.^[29] This move supported execution of international assignments in countries like Nigeria and Indonesia, particularly in fertilizers and oil & gas.^[30] In the 2010s and 2020s, EIL shifted toward sustainability, launching green energy ventures such as biofuels, solar power, and green hydrogen projects to address decarbonization goals. The company's order book grew significantly, driven by domestic infrastructure and overseas EPC contracts.^[31] In 2014, EIL was conferred Navratna status, enabling enhanced autonomy for strategic investments.^[1] Amid the COVID-19 pandemic, EIL accelerated recovery by 2022 through adoption of digital tools for remote project management and collaboration, minimizing disruptions. Key milestones included the government's Offer for Sale in December 2018, through which it divested a 10% stake and raised approximately ₹497 crore.^[32] Additionally, strategic partnerships with global firms, such as technology collaborations for advanced refining processes, facilitated adoption of cutting-edge innovations across sectors.^[33]

Organizational Structure

Leadership and Governance

Engineers India Limited (EIL) is led by Chairman and Managing Director Smt. Vartika Shukla, who assumed the role in 2021 and oversees the company's overall operations, strategic direction, and sustainability initiatives, including advancements in green hydrogen and sustainable aviation fuels.^[34]^[35] Under her leadership, EIL has emphasized energy security and decarbonization efforts, as highlighted in high-level discussions on industrial competitiveness.^[36] The functional directors supporting the executive team include Shri Sanjay Jindal as Director (Finance), Shri Atul Gupta as Director (Commercial), Shri Rajiv Agarwal as Director (Technical), Shri Subhas Balakumar as Director (Projects), and Shri Rupesh Kumar Singh as Director (HR), each responsible for specialized oversight in their domains.^[34] The board of directors comprises 12 members, including the Chairman and Managing Director, five functional directors, and six non-executive directors, with two government nominees and four independent directors to ensure balanced representation and expertise.^[34] EIL places a strong emphasis on diversity and inclusion, with women holding key positions such as the Chairman and an independent director, contributing to a workforce that promotes balanced demographic representation across demographics.^[37] This composition aligns with the company's public sector status under the Ministry of Petroleum and Natural Gas, fostering strategic oversight in engineering and energy sectors.^[34] EIL's governance framework adheres to the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements (LODR) regulations, as well as Department of Public Enterprises (DPE) guidelines, ensuring transparency and accountability in operations.^[38] The board has established key committees, including the Audit Committee for financial oversight, the Corporate Social Responsibility (CSR) Committee for social initiatives, the Risk Management Committee for assessing enterprise risks, and others such as the Remuneration and Shareholders'/Investors' Grievance Committees to address compensation and stakeholder concerns.^[39]^[40] Ethical practices are reinforced through policies like the Code of Conduct for board and senior management, the Integrity Pact to prevent corruption in procurement, and a Whistleblower Policy for reporting irregularities, promoting a culture of integrity and anti-corruption.^[39] Under the leadership of Director (Technical) Shri Rajiv Agarwal since 2022, EIL has advanced key initiatives in digital transformation, including the adoption of AI-powered solutions, Digital Twins for project optimization, and IoT-driven tools for real-time monitoring, enhancing efficiency in engineering and construction processes since 2023.^[34]^[41] These efforts, highlighted in the company's 60th Annual General Meeting, underscore the board's commitment to innovation and Industry 4.0 integration for sustainable growth.^[42]^[24]

Subsidiaries and Operations

Engineers India Limited operates through a network of subsidiaries and joint ventures that extend its engineering and consultancy capabilities across specialized domains. Its wholly owned subsidiary, Certification Engineers International Limited (CEIL), focuses on providing certification, re-certification, and safety audit services for industrial plants, equipment, and infrastructure, ensuring compliance with international standards in sectors such as oil and gas, power, and fertilizers.^[43] Established in 1994, CEIL supports Engineers India's core operations by handling inspection and quality assurance needs for both domestic and international projects.^[2] The company has formed strategic joint ventures to enhance its project execution in key areas. A notable example is Ramagundam Fertilizers and Chemicals Limited (RFCL), a joint venture with National Fertilizers Limited (NFL) and the Fertilizer Corporation of India (FCIL), aimed at reviving and operating a fertilizer plant in Telangana, India, with a focus on urea production and sustainable agricultural inputs.^[2] These partnerships enable Engineers India to leverage combined expertise for large-scale initiatives while expanding its footprint in the fertilizer and chemicals sector. Engineers India's operational framework is organized into distinct business units that align with its primary sectors, including hydrocarbons processing, infrastructure development, and research and development. The hydrocarbons unit handles engineering for refineries, petrochemical plants, and pipelines; the infrastructure unit covers water, power, and urban projects; and the R&D unit drives innovation in energy technologies.^[44] This structure facilitates integrated service delivery under the oversight of senior leadership, ensuring efficient resource allocation across projects. The company maintains a robust global presence with its corporate headquarters in New Delhi, India, supported by regional engineering offices in Mumbai, Kolkata, Chennai, and Vadodara, an R&D complex in Gurugram, and additional domestic branches to cover operational needs. Internationally, it operates an engineering hub in Abu Dhabi, UAE, for Middle East projects, along with liaison offices in London, UK; Milan, Italy; and Shanghai, China, to manage procurement, marketing, and client coordination.^[2] Approximately 2,658 employees are distributed across these locations, enabling localized execution and technical support.^[13] In terms of supply chain and logistics, Engineers India provides comprehensive in-house capabilities for procurement management, including vendor selection, contract administration, inspection, expediting, and logistics coordination for materials and equipment. These services support a wide array of global clients in the hydrocarbon, infrastructure, and environmental sectors, optimizing cost and delivery timelines for complex engineering projects.^[45]

Services

Engineering and Consultancy

Engineers India Limited (EIL) offers comprehensive engineering and consultancy services, focusing on the design and advisory phases for complex industrial projects in sectors such as oil and gas, petrochemicals, and infrastructure. These services encompass front-end engineering design (FEED), detailed engineering for process plants, refineries, and pipelines, enabling clients to develop robust project frameworks from inception to implementation.^[12] The company's service scope includes the use of advanced simulation software like Aspen Plus to model and optimize process designs, ensuring efficiency and safety in engineering outputs. Multidisciplinary teams, comprising experts in civil, mechanical, electrical, and instrumentation engineering, provide integrated solutions tailored to client needs. EIL holds particular specialization in hazardous area classifications, applying rigorous risk assessment methodologies to mitigate operational hazards in high-risk environments.^[12] Key deliverables from these services include conceptual studies, detailed feasibility reports, and 3D modeling for visualization and clash detection, all aligned with international standards such as API and ASME to guarantee quality and regulatory compliance. EIL's primary client base consists of public sector undertakings (PSUs) like Indian Oil Corporation Limited (IOCL) and Bharat Petroleum Corporation Limited (BPCL), reflecting its strong ties to India's energy infrastructure development. In FY25, consultancy and engineering projects accounted for approximately 56% of the company's standalone revenue, underscoring their core business contribution.^[46]^[47]

Project Management and EPC

Engineers India Limited (EIL) employs the Engineering, Procurement, and Construction Management (EPCM) model to deliver end-to-end project oversight, encompassing activities from tendering and bid evaluation through to commissioning and handover. This integrated approach coordinates the efforts of licensors, vendors, clients, and contractors to ensure seamless execution, with a focus on risk mitigation and value engineering during the implementation phase. EIL's EPCM services emphasize proactive management of project timelines and budgets, leveraging advanced scheduling tools such as Primavera to conduct risk assessments, develop critical path analyses, and implement contingency buffers for potential delays.^[48]^[49] In procurement services, EIL handles vendor qualification, contract negotiation, and supply chain optimization to secure cost-effective materials and equipment while adhering to international standards and client specifications. The company manages procurement through dedicated systems like the Project Material Management System (PMMS), ensuring transparency and efficiency in sourcing, with a notable emphasis on supporting domestic suppliers under initiatives like Make in India—51.91% of procurement value in FY 2023-24 came from MSMEs. This process integrates engineering inputs from the consultancy phase to align procurement with project requirements, minimizing interface risks.^[48]^[49] Construction oversight under EIL's EPCM framework includes comprehensive site supervision, quality assurance protocols, and strict compliance with Health, Safety, and Environment (HSE) standards, certified to ISO 45001:2018 and ISO 14001:2015. The company deploys methodologies such as Hazard and Operability (HAZOP) studies and Quantitative Risk Assessments (QRA) to maintain safety, achieving milestones like over 150 million lost-time accident-free manhours in select executions. To enhance efficiency, EIL incorporates modular construction techniques, such as precast structures and bolted assemblies, which enable parallel fabrication and reduce on-site timelines. These practices are applied across infrastructure applications to optimize resource utilization and minimize environmental impact.^[48]^[49]^[11] EIL's performance in project management and EPC is supported by digital tools like EngProjectView™ for real-time monitoring and the Project Progress Monitoring System (PPMS), facilitating analytical dashboards and hold point management to track progress against baselines. The company's order book stood at ₹13,131 crore as of September 30, 2025, reflecting robust execution capabilities in complex assignments. Through these mechanisms, EIL ensures high reliability in delivering operational facilities on schedule and within scope.^[48]^[50]

Research and Development

Facilities and Capabilities

Engineers India Limited's Research and Development (R&D) activities are primarily conducted at its dedicated R&D Centre located in Gurugram, Haryana, which was established in 1988 to foster innovation in engineering processes and technologies. The centre houses a core team of over 50 technically qualified personnel focused on developing new knowledge and practical applications for industrial plants and designs. This setup supports the company's efforts in indigenizing technologies, particularly in the hydrocarbon and energy sectors, building on EIL's historical expansion into diversified engineering services since the 1970s.^[51] The R&D Centre features advanced facilities including specialized pilot plants for scale-up and testing, such as distillation columns, solvent extraction units, catalyst testing rigs, hydrodynamic cavitation apparatus, FCC cold flow models, TBR cold flow models, and a coal-to-liquid plant equipped with gasifier, syngas cleaning, and gas disposal systems. These infrastructure elements enable bench-scale and pilot-scale studies essential for validating process innovations before commercialization. Additionally, the centre maintains laboratories for process simulation and modeling, supporting computational fluid dynamics (CFD) and other simulation-based analyses through integrated computing resources.^[51]^[52] Key capabilities of the R&D Centre encompass testing and development in core process technologies, including crude distillation units (CDU/VDU), gas sweetening, sulphur recovery, and catalyst performance evaluation, with a focus on refining, gas processing, petrochemicals, renewables, and green energy applications. The centre has facilitated the commercialization of over 40 licensed process technologies, achieving 100% engineering indigenization in oil and gas projects. It also conducts evaluations for materials integrity, corrosion resistance, and environmental compliance in industrial contexts. The facilities are certified under ISO 9001 for quality management, ISO 14001 for environmental management, and ISO 45001 for occupational health and safety, ensuring rigorous standards in all R&D operations.^[51]^[52]^[6] The R&D efforts are bolstered by an active intellectual property portfolio, including 48 granted patents and 61 applications pending as of March 2025, many of which stem from pilot plant validations and collaborative research initiatives. These resources underscore EIL's commitment to high-impact technological advancements, with over 60% of developed technologies achieving commercial deployment in domestic and international projects.^[52]

Key Innovations and Technologies

Engineers India Limited (EIL) has developed indigenous refinery simulation models, including in-house process modeling tools for gas sweetening units and furnace simulations in gas cracking, which leverage actual vapor-liquid equilibrium data to predict performance and reduce reliance on imported software. These models support optimization in refining and petrochemical processes, contributing to over 60% indigenization of refinery technologies.^[51]^[52] In the realm of advanced biofuels, EIL's R&D efforts focus on second-generation (2G) ethanol production from lignocellulosic biomass and sustainable aviation fuels (SAF) through bio-refineries, including a demonstration unit for bio-aviation turbine fuel at Mangalore Refinery and Petrochemicals Limited (MRPL). In September 2025, EIL was granted a patent by the Indian Patent Office for its “Distillation Column Internals Design,” an innovation enhancing efficiency in 2G ethanol distillation.^[52]^[53] These innovations aim to convert agricultural residues into viable renewable fuels, aligning with India's sustainable energy goals. Additionally, EIL has advanced green hydrogen technologies, providing engineering and consultancy for production via electrolysis, with ongoing R&D including a modular hydrogen electrolyser system in collaboration with industry partners to scale up to 900 KTPA by 2030.^[54]^[55] EIL holds 48 live patents and has 61 pending applications, with notable advancements in delayed coking technology, including a patented decoupled twin cell arrangement for coker heaters that extends run-length and improves turn-down ratios, developed jointly with the Indian Institute of Petroleum (IIP). The company has also pioneered AI-based solutions through a memorandum of understanding with Detect Technologies for real-time monitoring and predictive maintenance in pipelines and infrastructure, enhancing safety and operational efficiency. These technologies have been adopted in over 40 licensed processes across refining and gas sectors, including diesel hydrotreating (DHDT) at Indian Oil Corporation's Bongaigaon Refinery, fostering energy efficiency and self-reliance in oil and gas engineering. Partnerships with international bodies such as the Norwegian Geological Institute for carbon capture further amplify EIL's R&D impact.^[56]^[52]^[57]^[58]

Business Segments

Hydrocarbon and Petrochemical Sector

Engineers India Limited (EIL) maintains a dominant presence in India's hydrocarbon and petrochemical sector, having engineered 20 out of the 23 refineries established in the country since its inception. This track record underscores its pivotal role in building the nation's refining infrastructure, with services extending across the full hydrocarbon value chain. In upstream operations, EIL supports exploration and production activities, including offshore projects for clients like Oil and Natural Gas Corporation (ONGC). Midstream services encompass pipeline transportation and gas processing facilities, while downstream efforts focus on refining, petrochemical complexes, and oil and gas processing units.^[59]^[44]^[60]^[61] To enhance project efficiency, EIL employs modular and prefabricated construction techniques in refinery developments, enabling faster execution and reduced on-site assembly time, as demonstrated in large-scale international projects. A core strategy since 2019 has been ensuring compliance with Bharat Stage VI (BS-VI) emission norms, involving upgradation projects for fuel quality across multiple refineries in partnership with Indian Oil Corporation Limited (IOCL) and other majors. These initiatives have facilitated the production of low-sulfur diesel and gasoline, aligning with national environmental standards and supporting cleaner fuel transitions.^[62]^[63]^[64] EIL's market position remains strong, bolstered by an order book of ₹12,144 crore as of June 2025, with hydrocarbons comprising approximately 55% of the FY25 order inflows. Domestic clients such as ONGC and GAIL (India) Limited drive significant engagements, including petrochemical plants and breakwater facilities, while international collaborations extend to Saudi Aramco for oil and gas projects. This diversified client base reflects EIL's expertise in both domestic and global hydrocarbon ventures.^[65]^[66]^[61]^[67]^[52] The sector's evolution presents challenges for EIL, particularly in adapting to global shifts toward low-carbon hydrocarbons amid rising sustainability demands. The company addresses these through carbon-conscious engineering designs and integration of advanced technologies to minimize emissions in traditional projects, though technological and regulatory hurdles persist in balancing fossil-based operations with decarbonization goals.^[23]

Green Energy Initiatives

Engineers India Limited (EIL) has diversified its portfolio into renewable energy, encompassing solar, offshore wind, biofuels, and green hydrogen to support sustainable development. The company provides engineering, procurement, construction management (EPCM), and consultancy services for these sectors, focusing on technologies that reduce carbon emissions and align with global energy transitions.^[52]^[15] In biofuels, EIL leads key projects such as the Assam Bio Refinery, India's first bamboo-based facility, which achieved mechanical completion in September 2025 and was inaugurated by the Prime Minister on September 14, 2025, and is designed to produce 49,000 tonnes per annum (TPA) of second-generation (2G) bio-ethanol, along with 11,000 TPA of acetic acid and 2,500 TPA of furfural, to support ethanol blending in transportation fuels.^[68]^[69]^[70] This initiative aligns with India's National Policy on Biofuels (2018), targeting 20% ethanol blending by 2025. Additionally, EIL has developed a basic engineering and design package for bio-aviation turbine fuel (Bio-ATF) plants in collaboration with the Council of Scientific and Industrial Research - Indian Institute of Petroleum (CSIR-IIP), including a demonstration unit at Mangalore Refinery and Petrochemicals Limited (MRPL). In September 2025, EIL received a patent for distillation column internals design optimized for 2G ethanol biorefineries using low-lignin biomass feedstocks, enhancing efficiency in ethanol recovery from complex fermentation broths.^[15]^[71] EIL's green hydrogen efforts include delivering EPCM services for a 10 MW facility in Vijaipur, Madhya Pradesh, for GAIL India Limited, as part of the government's push for hydrogen adoption in refineries, fertilizers, city gas distribution, and steel sectors. In August 2025, EIL awarded an R&D order to Greenzo Energy Limited for developing a modular hydrogen electrolyser unit, emphasizing indigenous, scalable technology for domestic and international applications. The company has also partnered with HPCL Green R&D Centre to commercialize indigenously developed hydrogen pressure swing adsorption technology, facilitating its integration into industrial processes. These projects contribute to India's ambition of achieving 900 kilotonnes per annum (KTPA) of green hydrogen production by 2030 through public sector undertakings.^[54]^[72]^[73] For offshore wind, EIL has revived its offshore engineering division and is negotiating with green power developers to provide design, structural engineering, and fabrication support for platforms and jackets, supporting India's offshore wind potential in regions like Gujarat and Tamil Nadu. Overall, these initiatives align with India's target of 500 GW non-fossil fuel energy capacity by 2030, positioning EIL to contribute to national decarbonization goals via strategic partnerships and technology deployment. In FY 2024-25, EIL's total order book reached ₹11,717 crore, with green energy projects forming a growing portion amid record inflows of ₹8,214 crore.^[15]^[52]^[74]

Infrastructure Projects

Engineers India Limited (EIL) has expanded its expertise into non-energy infrastructure, providing engineering, procurement, construction management (EPCM), and project management consultancy (PMC) services for transportation, water supply, and urban development initiatives across India. The company's scope encompasses metro rail systems through strategic partnerships, such as the 2024 memorandum of understanding with Rail Vikas Nigam Limited (RVNL) to jointly pursue global rail and metro projects, enhancing capabilities in urban mass transit engineering.^[75] In aviation, EIL delivers independent engineer (IE) and PMC services for major airports, including Noida International Airport, Bhogapuram International Airport, and Leh Domestic Terminal, alongside structural audits for facilities like Lal Bahadur Shastri International Airport in Varanasi and Biju Patnaik International Airport in Bhubaneswar.^[23] For water infrastructure, EIL has executed over 200 projects under the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) scheme in Odisha, focusing on water supply networks, sewerage treatment plants, and urban parks across nine cities, contributing to smart city components like integrated urban water management.^[76] In key areas of civil engineering, EIL specializes in highways and bridges, offering design and construction supervision for two- and four-lane road projects, including bridges within industrial complexes and connectivity corridors.^[77] The company also leads in wastewater management, deploying zero-liquid discharge (ZLD) technologies to achieve full effluent recycling and reuse in treatment plants, as demonstrated in projects for refineries like Bina Refinery and IOCL Panipat Refinery, where advanced systems recover water for reuse while minimizing environmental discharge.^[78]^[79] These efforts align with national programs like Namami Gange, where EIL has developed sewerage infrastructure, ghats, and crematoriums in Uttar Pradesh, including the redevelopment of Namo Ghat in Varanasi.^[76] EIL employs public-private partnerships (PPPs) as a core strategy for infrastructure delivery, providing IE services for various PPP projects under initiatives like Bharatmala and Sagarmala, including the design-build-finance-operate-transfer (DBFOT) model for Dr. Babasaheb Ambedkar International Airport upgradation.^[52] The firm emphasizes sustainable urban infrastructure, integrating green technologies such as energy-efficient designs and water conservation in projects like academic campuses (IIM Nagpur Phase II & III) and data centers (RBI Greenfield Data Centre in Bhubaneswar), supporting decarbonization and environmental stewardship without specific green building certifications highlighted in recent reports.^[23] In fiscal year 2024-25, infrastructure accounted for approximately 36% of EIL's business share, contributing significantly to the company's total order book of over Rs 12,000 crore, with non-oil and gas sectors—including infrastructure—comprising 45% of new orders.^[52]^[66] This diversification extends internationally, with EIL's global presence in Africa supporting engineering services for industrial projects, bolstering its infrastructure portfolio.^[17]

Notable Achievements

Major Projects

Engineers India Limited (EIL) has executed numerous landmark projects that demonstrate its expertise in engineering, procurement, construction management (EPCM), and project management consultancy (PMC) across diverse sectors. These initiatives span hydrocarbon processing, renewable energy transitions, and critical infrastructure, often involving complex, large-scale developments with significant economic and environmental implications. Select examples highlight EIL's contributions to India's energy security and global energy infrastructure.^[23] In the hydrocarbon sector, EIL provided comprehensive consultancy services for the Dangote Refinery and Petrochemical Complex in Lagos, Nigeria, recognized as the company's largest overseas assignment. This grassroot facility features a 650,000 barrels per stream day (BPSD) refinery—equivalent to approximately 32.8 million metric tonnes per annum (MMTPA)—alongside an 830,000 tonnes per annum polypropylene unit, with a total project cost of approximately USD 20 billion. Process units were commissioned in 2024, marking a pivotal advancement in Africa's refining capacity and reducing the continent's reliance on imported fuels.^[80]^[81]^[82] Domestically, EIL delivered EPCM services for the Crude Oil Terminal at Paradip and the Paradip-Numaligarh Crude Oil Pipeline, enhancing logistics for Indian Oil Corporation Limited's (IOCL) operations in eastern India; these components support the 15 MMTPA Paradip Refinery's supply chain, with mechanical completion achieved for related infrastructure by 2016. Additionally, EIL has historically contributed to offshore developments like the Mumbai High fields, providing engineering consultancy for redevelopment and platform installations, including four wellhead platforms under the Mumbai High Redevelopment Phase (DUDP-WP project, valued at ₹26.3 crore, ongoing as of 2024) and residential redevelopment Phase 1 (valued at over ₹360 crore, awarded July 2024).^[52]^[83]^[52] EIL's green energy portfolio underscores its pivot toward sustainable solutions, exemplified by the Assam Bio-Refinery at Numaligarh, India's first bamboo-based second-generation (2G) biorefinery. Executed on an EPCM basis for Numaligarh Refinery Limited (a Bharat Petroleum subsidiary), the facility achieved mechanical completion in September 2025 and is designed to produce 49,000 tonnes per annum (TPA) of bio-ethanol, 11,000 TPA of acetic acid, and 19,000 TPA of furfural from 500,000 tonnes of bamboo feedstock annually, supporting India's ethanol blending targets and reducing fossil fuel dependency. In parallel, EIL is advancing green hydrogen initiatives, including a 1 MW green hydrogen plant at the Tatipaka facility and a 10 MW PEM-based plant at Vijaipur, both ongoing as of 2025; these projects align with the National Green Hydrogen Mission, incorporating electrolysis and carbon capture technologies to produce clean fuels for refineries and fertilizers.^[68]^[84]^[23]^[85] On the infrastructure front, EIL serves as PMC for the Noida International Airport (Jewar Airport), a greenfield development set to become India's largest aviation hub with multi-phase expansion to handle over 100 million passengers annually. The project, ongoing since 2021, involves integrated planning for runways, terminals, and utilities, emphasizing sustainable design features like zero liquid discharge systems. Internationally, EIL provides consultancy for the Fujairah Oil Tanker Terminal in the UAE, a strategic storage facility with ongoing EPCM services valued at ₹155 crore through 2027, enhancing regional oil logistics capacity.^[23]^[52]^[86] These projects have consistently achieved efficient execution, with several, including gas transmission pipelines and LNG storage facilities, completed on time and within budget, contributing to EIL's reputation for cost-effective delivery. Environmentally, EIL's designs incorporate advanced mitigation measures, such as flare gas recovery systems in hydrocarbon projects like the Ourhoud Field in Algeria, which have enabled emission reductions; company-wide Scope 1 and 2 greenhouse gas emissions decreased by 6.2% to 6,492 metric tonnes of CO2 equivalent in FY 2024-25, driven by green initiatives like 1,292 kWp of installed rooftop solar capacity. Such outcomes not only minimize ecological footprints but also support India's net-zero ambitions by 2070.^[23]

Awards and Recognitions

Engineers India Limited (EIL) received the Energy Excellence Award 2025 from the CHEMTECH Foundation in the category of "R&D and Innovation" for developing EngCO2चित्रण™, recognized as India's first indigenous CO₂ equivalent capture technology.^[87] In August 2025, EIL's Chairperson and Managing Director, Vartika Shukla, was conferred the SCOPE Eminence Award for "Individual Leadership Excellence" by the Standing Conference of Public Enterprises, highlighting her contributions to corporate governance and strategic growth in public sector enterprises.^[88] Additionally, in December 2024, EIL was awarded the IEI Industry Excellence Award 2024 by The Institution of Engineers (India in the "Engineering Services and Consultancy" category, acknowledging its sustained performance in the sector.^[89] Earlier recognitions include the CIDC Vishwakarma Award in April 2024 from the Construction Industry Development Council for exemplary construction safety practices and occupational health standards.^[90] In 2023, EIL secured four accolades at the Governance Now 9th PSU Awards, including Excellence in Corporate Governance (Navratna), CSR and Sustainability (Navratna), and two commendations for Operational Performance and HR Management.^[91] The company also earned the FICCI Chemicals & Petrochemicals Award 2022 from the Federation of Indian Chambers of Commerce & Industry for innovation in manufacturing processes within the petrochemical sector.^[87] Further, in 2019, EIL received the IEI Industry Excellence Award from The Institution of Engineers (India) and the Dun & Bradstreet Corporate Award for Best Growth Performance, reflecting its early leadership in engineering consultancy.^[87] Key milestones underscore EIL's operational excellence, such as achieving a record order book of approximately ₹12,000 crore as of March 2025, which reached ₹13,131 crore as of September 2025, driven by strong inflows in consultancy and EPC services.^[66]^[50] EIL maintains certifications including ISO 50001:2018 for energy management systems, alongside ISO 9001, ISO 14001, and ISO 45001, demonstrating commitment to sustainable practices.^[92] These awards and certifications highlight EIL's innovations in sustainability and project delivery, particularly in green energy and hydrocarbon sectors, reinforcing its role as a premier engineering consultancy in India.

Financial Performance

Historical Trends

Engineers India Limited's revenue trajectory reflects the volatility of the global hydrocarbon sector, with steady growth in the early 2010s followed by contractions and recoveries. In fiscal year 2009-10, turnover stood at approximately ₹1,994 crore, expanding to a peak of ₹3,699 crore in 2011-12 amid favorable oil market conditions and increased project executions in refineries and petrochemicals.^[93] Revenue then declined sharply to ₹1,449 crore by 2016-17 due to subdued demand, before rebounding to ₹2,444 crore in 2018-19 and reaching ₹3,284 crore in FY 2022-23, yielding a compound annual growth rate of roughly 3.8% from 2009-10 to 2022-23, punctuated by hydrocarbon-driven expansions.^[93]^[94] Profitability metrics have demonstrated resilience, with net profit margins averaging around 15% in the latter half of the 2010s, supported by cost controls and diversified consultancy services. However, the 2014 oil price crash significantly impacted operations, causing EBITDA to drop approximately 30% year-over-year in FY 2014-15 amid deferred projects and reduced margins in the hydrocarbon segment, with net profit falling 36% to ₹308 crore from ₹480 crore the prior year.^[93]^[95] The company's balance sheet remains robust, maintaining a debt-to-equity ratio below 0.1 across the period, reflecting near-zero reliance on borrowings and strong liquidity from operational cash flows. Dividend payouts commenced post the 2018 IPO and have been consistent, averaging 41.8% of net profits since FY 2018-19, underscoring shareholder returns amid stable earnings.^[96]^[97]^[98] Ownership structure features majority government equity at 51.32%, with the balance comprising public shares following phased disinvestments, including the 2018 IPO that reduced government stake from 100%. Capital expenditure has trended toward R&D and infrastructure expansion, with annual outlays charged to profit and loss to fund innovations in sustainable technologies, though specific historical figures remain integrated into operational expenses without isolated reporting.^[99]

Recent Developments (2024-2025)

In fiscal year 2024-25, Engineers India Limited recorded consolidated revenue of ₹3,282 crore, reflecting a year-over-year decline of 1.7% primarily attributable to execution delays in certain projects.^[100] Despite the revenue dip, the company achieved a record-high consolidated net profit of ₹580 crore, marking 30% growth compared to ₹445 crore in the prior year (consolidated figures unless specified as standalone), driven by improved operational efficiency and cost management.^[97]^[52] Order intake surged to an all-time high of ₹8,214 crore, bolstering the order book to ₹11,700 crore as of March 31, 2025.^[101] Strategically, Engineers India advanced its global footprint by signing a memorandum of understanding with NMDC Energy at ADIPEC 2025 to collaborate on onshore projects in Saudi Arabia, targeting sectors like oil and gas, energy, and sustainability.^[102] The company intensified diversification into artificial intelligence-driven solutions and renewables, with infrastructure and green energy initiatives accounting for nearly 35% of total order inflows in FY 2024-25, aligning with broader efforts in green hydrogen and biofuels.^[103]^[23] On the stock front, Engineers India's shares rose about 10% year-to-date through November 2025, with market capitalization reaching approximately ₹11,000 crore amid positive sentiment on its order pipeline.^[97]^[104] Looking ahead, the company anticipates 20-25% revenue growth in FY 2026, fueled by expanding green energy projects and strategic diversification.^[105] In parallel, Engineers India committed ₹8.1 crore to corporate social responsibility initiatives for FY 2024-25, emphasizing sustainability and community development.^[106]

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### Summary of Engineers India Limited (EIL)
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None
Below is a merged summary of the Engineers India Limited (EIL) Integrated Annual Report 2023-24, consolidating all information from the provided segments into a comprehensive response. To retain maximum detail and ensure clarity, I will use a table format for key metrics and include narrative summaries where applicable. The response will cover all requested aspects: Annual Procurement Value, Performance Metrics, Project Management Tools, Modular Construction, and HSE Compliance in EPCM Services, along with useful URLs and additional notes.
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(^) CSR Budget for FY 2024-25 was Rs. 810.18 Lakh. However, available CSR fund for expenditure (post set-off and transfer to Unspent A/c) was Rs. 309.65 Lakh.