Engineers India eyes non-fossil fuel business, overseas for new phase of growth

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State-owned project consultancy company Engineers India Ltd (EIL) is eyeing renewable energy projects as well as overseas market as it pivots shift from the construction of fossil-fuel plants for its next phase of growth, its chairman and managing director Vartika Shukla said..

Starting in 1965 as an answer to cut reliance on foreign companies for doing engineering and other work for the massive projects that a newly independent nation undertook, EIL is building the country's first biorefinery, which will use bamboo to produce ethanol, and moving into green hydrogen and sustainable aviation fuel...

From bringing technology for upgrade of petrol and diesel to Euro-VI (BS-VI) emission specifications, to upgrade of oil refineries, petrochemical integration and niche chemicals, EIL has in recent times added biofuels and green hydrogen to the list of industries where it provides consultancy right from design and feasibility studies to engineering, procurement, construction and maintenance...

From preparing a feasibility report for setting up a bamboo-based biorefinery project in Assam to giving consultancy services for the Jewar airport being built outside Delhi, EIL is building capabilities outside of the fossil fuels, she said adding the firm is also doing data centre projects, Leh Airport, Fintech University & Technological Park, Horticulture Marketing and restoration of heritage buildings...

The company is also providing project management consultancy (PMC) services for a 1.5 million tonnes Mongol refinery project in Mongolia, she said.. Recently, EIL expanded its business in Guyana securing a 300 MW power plant project, she said adding EIL has strengthened its office in Abu Dhabi to cater to projects in the entire region...