Mumbai, June 2 -- The company has received a Letter of Intent (LOI) for the manufacture and supply of critical piping assemblies, specifically for the main steam package and hot reheat systems.

The project timeline stipulates the delivery of the first two units within 6 to 12 months of receiving the purchase order (PO), with the remaining two units to be delivered within 12 to 15 months post-PO.

DEE Development Engineers (DDEL) is an engineering company providing specialized process piping solutions for industries such as oil and gas, power industries, process industries, and chemicals through engineering, procurement, and manufacturing services.

The company had reported a 11.11% year-on-year drop in consolidated net profit to Rs 28.01...