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The company has been expanding its horizons by growing its non-oil and gas sector business, while also exploring projects in foreign geographies.
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SIVA SARAVANAN S
Engineers India (EIL) as part of its long term growth strategy is focusing to expand its non-oil and gas sector business with the state-run engineering consultancy major eyeing projects to set up thermal power plants and off-shore wind energy installations.
The leading project management consultancy (PMC) firm, which recently completed six decades of service as a PSU, is also enhancing its global presence by expanding its footprint in the Middle East as well as South America, particularly Guyana and Suriname.
EIL CMD Vartika Shukla said the firm secured orders worth ₹8,214 crore in FY25, which is an all-time high, leading to a robust order book of around ₹12,400 crore.
She emphasised that the company has been expanding its horizons by growing its non-oil and gas sector business, while also exploring projects in foreign geographies.
For instance, the share of EIL’s diversified business segment in FY25 increased significantly with around 36 per cent of the order inflow shared by energy efficient infrastructure segment—high-end data centres, state-of-the-art laboratories, and academic complexes, etc.
Power Generation
Asked about the company’s plans in the power sector, Shukla told businessline, “There are several thermal projects that have been revived. We have also been talking to some, I would not like to name them. We have been talking as a PMC role for those segments. Why do we see that? Because there are too many of them (TPP projects). You know, 90-100 gigawatt is large. So, you will have the talent to manage these projects.”
Largely, these projects are offered in Engineering, Procurement, and Construction (EPC) mode, she added.
“We also see opportunities in the offshore wind energy space. We are in dialogue with some of the prospective clients and I’m sure that we will be able to share that big news with you. Because, we do the offshore jackets designs for the oil and gas sector,” Shukla said.
The EIL chief said the consultancy major is also eyeing more engagements in the Nuclear power space.
Global footprint
EIL global footprint and project portfolio has grown in recent years. For instance, the successful commissioning and smooth operation of Nigeria’s Dangote Oil Refinery Project reflects its pivotal role in executing mega projects, Shukla noted.
“In our ongoing engagements in Mongolia, a Line of Credit (LoC) has made significant progress, a testament of company’s capabilities to execute projects in harsh climatic conditions. Besides, EIL made strides in its engagements with BAPCO in Bahrain, KNPC in Kuwait, PDO in Oman, projects in LNG & petrochemical sector in Africa and power plant project in Guyana among others,” she added.
EIL is also enhancing its engagements in the UAE with plans to expand its local office with the intent of transforming it into a regional hub to serve diverse clients in the MENA region. The work on opening another foreign office in Saudi Arabia is in progress to tap opportunities from Oil & Gas behemoths in the region.
The Navratna firm is also eyeing expansion in South America. In 2023, EIL secured a consultancy services project for setting up an integrated NGL plant and 300 megawatt (MW) power plant in Guyana.
“We are very actively looking at the second phase of the 300 MW power plant in Guyana. We are also looking at Suriname as well as associated countries. We have a team in position in Georgetown (Guyana), about 70-80 people are there, and they are looking at prospects around that place,” Shukla said.
Published on May 29, 2025
This article first appeared on The Hindu Business Line
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