Engineers India

Last updated

Engineers India Limited
Company type Public
BSE:  532178
NSE:  ENGINERSIN
Industry Engineering consulting
EPC
Founded1965
Headquarters
India  OOjs UI icon edit-ltr-progressive.svg
Key people
Vartika Shukla (Chairman & MD)
RevenueIncrease2.svg₹3,104.69 crore (US$360 million) (2021) [1]
Increase2.svg₹350.57 crore (US$41 million) (2021) [1]
Increase2.svg₹259.50 crore (US$30 million) (2021) [1]
Total assets Increase2.svg₹4,378.23 crore (US$510 million) (2021) [2]
Total equity Increase2.svg₹1,700 crore (US$200 million) (2021) [2]
Owner Government of India (51.32%) [3]
Number of employees
2,814 (March 2021) [4]
Website engineersindia.com
MRPL Refinery Phase-III expansion Project, a major oil refinery project undertaken by EIL MRPL Refinery.jpg
MRPL Refinery Phase-III expansion Project, a major oil refinery project undertaken by EIL
OPaL Petrochemical Complex at Dahej, Gujarat executed by EIL OPaL Petrochemical Complex at Dahej, Gujarat executed by EIL.jpg
OPaL Petrochemical Complex at Dahej, Gujarat executed by EIL

Engineers India Limited (EIL) is an Indian public sector industrial technology, engineering consultancy and technology licensing company. [3] [5] It was set up in 1965 with the mandate of providing indigenous technology solutions across hydrocarbon projects. [6] Over the years, it has also diversified into synergic sectors like non-ferrous metallurgy, infrastructure, water and wastewater management and fertilizers.

Contents

EIL is headquartered at Bhikaji Cama Place, New Delhi. EIL also has an R&D complex at Gurgaon, a branch office in Mumbai, regional offices at Kolkata, Chennai, Vadodara, inspection offices at all major equipment manufacturing locations in India and overseas offices in London (England), Milan (Italy), Shanghai (China), Abu Dhabi (UAE). [7]

EIL has a wholly-owned subsidiary Certification Engineers International Limited (CEIL). It has set up a joint venture company namely Ramagundam Fertilizers and Chemicals Limited (RFCL) for enhancing the presence in fertilizers sector.

As of March 2021, EIL has more than 2400 engineers & professionals in its employee base of over 2800 employees.

Navratna status was accorded by the Government of India in 2014. [8]

History

Erection of Product Purge Column at Poly-Propylene Unit of DRPP, Nigeria Erection of Product Purge Column at Poly-Propylene Unit of DRPP, Nigeria.jpg
Erection of Product Purge Column at Poly-Propylene Unit of DRPP, Nigeria

EIL was incorporated on March 15, 1965, as a private limited company under the name Engineers India Private Limited pursuant to a memorandum of agreement dated June 27, 1964 between the Government of India and Bechtel International Corporation. In May 1967, EIL became a wholly-owned Government of India (GoI) enterprise. [9]

The following table illustrates the major events in the history of the company.

Businesses

World's heaviest reactor erection for RUF unit at Vizag Refinery Modernization Project Worlds heaviest reactor erection for RUF unit at Vizag Refinery Modernization Project.jpg
World's heaviest reactor erection for RUF unit at Vizag Refinery Modernization Project

The major business areas wherein EIL provides its engineering consultancy services are:

EIL has also ventured into various unconventional energy resource projects like solar, 2G ethanol, bio-fuel etc. [10]

Services

Panoramic view of OPaL Petrochemical Complex executed by EIL OPaL Dahej Project Panorama View.jpg
Panoramic view of OPaL Petrochemical Complex executed by EIL

EIL provides a wide range of engineering consultancy and EPC services to its clients:

Track record

Underground Crude Oil Storage at Padur executed by EIL Underground Crude Oil Storage at Padur.jpg
Underground Crude Oil Storage at Padur executed by EIL

EIL has executed over 7000 assignments including 500 major projects valued over US$200 Billion. EIL's project portfolio consists of: [7]

Research and development

Process Technologies developed and deployed by EIL Technology Portfolio.jpg
Process Technologies developed and deployed by EIL

EIL is a technology driven organization which invests in Research and Technology in the Hydrocarbons and Renewable Energy Sectors. [12]

The company's research and development center in Gurugram is undertaking technology development both in-house and in collaboration with other organizations like IOCL-R&D, BPCL-R&D, IIP, CHT, HPCL, CPCL, NRL etc. [12]

EIL has developed more than 35 process technologies and the technology portfolio consists of various technologies for petroleum refining, gasification, fracking, oil and gas processing and aromatics. The Company holds 35 live patents and has 32 pending patent applications relating to various process technologies. [12]

Related Research Articles

<span class="mw-page-title-main">Projects and Development India Limited</span>

Projects and Development India Limited (PDIL) is an Indian central public sector undertaking under the ownership of the Ministry of Chemicals and Fertilizers, Government of India.

<span class="mw-page-title-main">Visakhapatnam Refinery</span>

Visakhapatnam Refinery, is one of the two oil refineries of HPCL in India, the other being Mumbai Refinery. This was one of the first major industries of Visakhapatnam and first oil refinery on the East Coast. After the nationalisation, HPCL has transformed itself into a mega Public Sector Undertaking and it is second largest integrated oil company in India.

<span class="mw-page-title-main">National Fertilizers</span> Indian central public sector undertaking

National Fertilizers Limited (NFL) is an Indian central public sector undertaking and the largest government-owned-Urea fertilizer-producer in India. It is a Navratna company, with the Government of India owning a majority stake.

Essar Shipping Ltd., now Essar Shipping Ports & Logistics Limited, is an Indian shipping corporation for the global energy business. Established in 1945, Essar Shipping was formally incorporated in 2010 and is listed on the Bombay Stock Exchange. Headquartered in Mumbai, it operates as a subsidiary of the Essar Group.

<span class="mw-page-title-main">Oil and Natural Gas Corporation</span> Indian crude oil and natural gas producer

The Oil and Natural Gas Corporation Limited (ONGC) is an Indian central public sector undertaking which is the largest government-owned oil and gas explorer and producer in the country. It accounts for around 70 percent of India's domestic production of crude oil and around 84 percent of natural gas. Headquartered in Delhi, ONGC is under the ownership of the Government of India and administration of Ministry of Petroleum and Natural Gas. It was founded on 14 August 1956 by the Government of India. In November 2010, the Government of India conferred the Maharatna status to ONGC.

<span class="mw-page-title-main">Bharat Petroleum</span> Indian public sector oil and gas company

Bharat Petroleum Corporation Limited (BPCL) is an Indian public sector oil and gas company, headquartered in Mumbai. It is India's second-largest government-owned downstream oil producer, whose operations are overseen by the Ministry of Petroleum and Natural Gas. It operates three refineries in Bina, Kochi and Mumbai. BPCL was ranked 309th on the Fortune Global 500 list of the world's biggest corporations in 2020, and 1052nd on Forbes Global 2000 in 2023.

<span class="mw-page-title-main">Hindustan Petroleum</span> Indian public sector oil and gas company

Hindustan Petroleum Corporation Limited (HPCL) is an Indian public sector undertaking in petroleum and natural gas industry, headquartered in Mumbai. It is a subsidiary of the Oil and Natural Gas Corporation (ONGC), which is owned by the Government of India and under the administration of Ministry of Petroleum and Natural Gas.

<span class="mw-page-title-main">Ministry of Petroleum and Natural Gas</span> Ministry of government of India

The Ministry of Petroleum and Natural Gas (MOP&NG) is a ministry of the Government of India responsible for the exploration, production, refining, distribution, marketing, import, export, and conservation of petroleum, natural gas, petroleum products, and liquefied natural gas in the country. The ministry is headed by Cabinet minister Hardeep Singh Puri, while its secretary is Pankaj Jain, a 1990-batch IAS officer of the Assam-Meghalaya cadre. Dharmendra Pradhan, who served from 26 May 2014 to 7 July 2021, is its longest serving minister till date.

<span class="mw-page-title-main">GAIL</span> Central Public Sector Undertaking

GAIL (India) Limited is an Indian state-owned energy corporation with primary interests in the trade, transmission and production distribution of natural gas. GAIL also has interests in the exploration and production solar and wind power, telecom and telemetry services (GAILTEL) and electricity generation. GAIL was founded as the Gas Authority of India Ltd. in August 1984 under the Ministry of Petroleum and Natural Gas to build, operate and maintain the HVJ Gas Pipeline. On 1 February 2013, the Indian government conferred GAIL with Maharatna status along with 14 other Public Sector Undertakings (PSUs).

<span class="mw-page-title-main">Mangalore Refinery and Petrochemicals Limited</span> Subsidiary of Oil and Natural Gas Corporation

Mangalore Refinery and Petrochemicals Limited (MRPL), is a division of Oil and Natural Gas Corporation (ONGC) which is under the ownership of the Ministry of Petroleum and Natural Gas of the Government of India. Established in 1988, the refinery is located at Katipalla, north from the centre of Mangalore. The refinery was established after displacing five villages, namely, Bala, Kalavar, Kuthetoor, Katipalla, and Adyapadi.

Guru Gobind Singh Refinery (GGSR) is a joint venture refinery owned by HMEL, a joint venture between HPCL and Mittal Energy Investment Pte Ltd, owned by Laxmi Mittal. It is the tenth largest refinery in India.

<span class="mw-page-title-main">NBCC (India) Limited</span> Central Public Sector Undertaking

NBCC (India) Limited, formerly known as National Buildings Construction Corporation is a public sector undertaking (PSU) company under the Ministry of Housing and Urban Affairs, Government of India.

Nishi Vasudeva is an Indian business executive. She is a former Chairman and Managing Director (CMD) of Hindustan Petroleum Corporation Limited (HPCL), an Indian state-owned oil and gas corporation and India's fourth largest company by revenue. She is the first woman ever to head a Navratna PSU.

<span class="mw-page-title-main">OSL Consulting</span>

OSL Consulting is an independent Gas and Oil design consultancy and engineering and project management company headquartered in Kingston upon Hull, England. It also has offices in Aberdeen and Great Yarmouth. Its employees include engineers, consultants and project managers, providing services to the oil, gas and energy sectors.

Public Sector Undertakings (PSU) in India are government-owned entities in which at least 51% of stake is under the ownership of the Government of India or state governments.These type of firms can also be a joint venture of multiple PSUs. These entities perform commercial functions on behalf of the government. Depending on the level of government ownership, PSUs are officially classified into two categories: Central Public Sector Undertakings (CPSUs), owned by the central government or other CPSUs; and State Public Sector Undertakings (SPSUs), owned by state governments. CPSU and SPSU is further classified into Strategic Sector and Non-Strategic Sector. Depending on their financial performance and progress, CPSUs are granted the status of Maharatna, Navaratna, and Miniratna.

<span class="mw-page-title-main">Indian Institute of Petroleum and Energy</span>

Indian Institute of Petroleum and Energy (IIPE), is an institute of national importance, located in Visakhapatnam, Andhra Pradesh.

The petroleum industry in India dates back to 1889 when the first oil deposits in the country were discovered near the town of Digboi in the state of Assam. The natural gas industry in India began in the 1960s with the discovery of gas fields in Assam and Maharashtra. As on 31 March 2018, India had estimated crude oil reserves of 594.49 million metric tonnes (Mt) and natural gas reserves of 1339.57 billion cubic metres of natural gas (BCM).

The Dangote Refinery is an oil refinery owned by Dangote Group that was inaugurated on 22 May 2023 in Lekki, Nigeria. When fully operational, it is expected to have the capacity to process about 650,000 barrels of crude oil per day, making it the largest single-train refinery in the world. The investment is over US$19 billion.

Pachpadra Refinery is an upcoming public sector refinery and petrochemical complex in the Pachpadra of Rajasthan, India. It is owned by HPCL Rajasthan Refinery Limited (HRRL), a joint venture between Hindustan Petroleum Corporation Limited and the Government of Rajasthan. This refinery will be connected with Jamnagar Refinery and Bathinda Refinery through Amritsar Jamnagar Expressway.

<span class="mw-page-title-main">HPCL-Mittal Energy Limited</span> Indian petrochemical company

HPCL-Mittal Energy Limited (HMEL) is an Indian integrated refining and petrochemical company, with operations spanning crude oil refining and petrochemical manufacturing. It is a public-private partnership between fortune 500 company, Hindustan Petroleum Corporation Limited (HPCL) and Mittal Energy Investments Pte Limited (MEIL), a part of the Lakshmi N. Mittal Group. It is headquartered at Noida, Uttar Pradesh and operates the 11.3 MMTPA Guru Gobind Singh Refinery (GGSR) at Bathinda, Punjab.

References

  1. 1 2 3 "Financial Results 31.03.2021 Data from BSE Site".
  2. 1 2 "Balance Sheet 31.03.2021".
  3. 1 2 "Engineers India inks MoA with NRL for collaborative technology development". Business Standard India. 2 January 2023. Retrieved 9 February 2023.
  4. ↑ https://engineersindia.com/wp-content/uploads/2021/06/FY2020-21-EIL-Annual-Presentation.pdf [ bare URL PDF ]
  5. ↑ "Engineers India Limited June 24, 2014 Press Release: Enhanced autonomy for EIL with navratna status". 24 June 2014.
  6. ↑ "Engineers India wins $139 mn Nigerian contract". The Economic Times. Retrieved 2 December 2021.
  7. 1 2 "Profile | Engineers India Ltd" . Retrieved 30 November 2021.
  8. ↑ PTI (24 June 2014). "Engineers India gets Navratna status". mint. Retrieved 3 December 2021.
  9. 1 2 "Engineers India History | Engineers India Information". The Economic Times. Retrieved 8 December 2021.
  10. ↑ Service, Tribune News. "HPCL to set up Rs 600-crore bio-ethanol unit in Bathinda". Tribuneindia News Service. Retrieved 9 December 2021.
  11. ↑ "Services | Engineers India Ltd" . Retrieved 9 December 2021.
  12. 1 2 3 "Technologies | Engineers India Ltd" . Retrieved 7 December 2021.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.