DEE Fabricom India Secures INR 64 Crore Wind Tower Manufacturing Order from Ganeko Solar

DEE Development Engineers Limited (DDEL) has announced that its wholly owned subsidiary, DEE Fabricom India Private Limited, has received a manufacturing order worth approximately ₹64 crore (inclusive of GST) from Ganeko Solar Private Limited.

According to the company’s regulatory filing, the order involves the manufacturing of 15 EN156 Envision make windmill towers, each weighing 353 metric tonnes, for 3.3 MW wind turbines. The contract has been awarded by a domestic entity and is scheduled for execution by January 2027.

The payment terms for the order include 25% advance against a reducing balance Advance Bank Guarantee (ABG), 55% upon material readiness, and the remaining 20% within 15 days from invoice issuance. The contract also includes a 24-month warranty from ex-works readiness.

DEE Development Engineers stated that the order is of substantial value for its wholly owned subsidiary and further strengthens its presence in the growing renewable energy manufacturing segment.

The company clarified that neither the promoter group nor related entities have any interest in the awarding company, and the contract does not fall under related-party transactions.

The order underscores increasing demand for domestically manufactured wind energy infrastructure as India continues to expand its renewable energy capacity and strengthen its clean energy ecosystem.