New Delhi: Engineers India Ltd (EIL), a Navratna public sector undertaking, has secured a Rs 618-crore contract from an African fertiliser company. The deal covers a 24-month tenure and triggered a more than 4% rise in EIL’s stock on the BSE, reaching an intra-day high of Rs 218 per share.
Overseas Contract for EPCM and PMC Services
Under the contract, EIL will provide Project Management Consultancy (PMC) and Engineering, Procurement, and Construction Management (EPCM) services for establishing a new fertiliser plant in Africa. The company has not disclosed further project details due to confidentiality clauses.
The order reflects EIL’s growing footprint in international markets and its ability to deliver integrated engineering solutions across complex infrastructure and process projects.
Market Response
Following the announcement, EIL shares climbed 4.40%, reflecting investor confidence in the PSU’s overseas expansion and project execution capabilities. Analysts highlight that such international orders strengthen EIL’s revenue visibility and global reputation.
About Engineers India Ltd
Headquartered in New Delhi, EIL is a leading engineering consultancy and EPC company in India. The PSU offers services across hydrocarbons, infrastructure, fertilisers, and process industries, supporting domestic and international projects with expertise in engineering, procurement, and project management.
