Lloyds Engineering Secures New Orders, Expands Market Presence

 Key Takeaways from the Order Win 

• Lloyds Engineering Works Limited secured orders totalling ₹44 crores for steel eco-pickling systems and marine loading arms. 
• The company is using cutting-edge technologies, such as Eco-Pickled Steel, which eliminates the need for harmful acids in the pickling process.
• Marine Loading Arms leverage Japanese expertise and are manufactured in India, contributing to cost advantages and wider market reach.

The steel eco-pickling systems alone account for ₹50 crore, while the marine loading arms contribute ₹9.3 crore, showcasing the demand for LEWL’s innovative and technologically advanced products.

Mr Shreekrishna Gupta, Whole-Time Director of Lloyds Engineering Works Limited, said: "These orders underscore our strategy of aligning our product offerings with niche, technologically advanced solutions. The Eco-Pickled Steel (EPS) technology is revolutionary, eliminating the use of environmentally harmful acids in the steel pickling industry, which is both costly and damaging. Given that 15-20% of all steel produced is pickled, this leaves a vast market over the next decade. EPS provides a cheaper setup and operational model and produces higher-quality pickled steel, catering to various end-user markets. In addition, our loading arms leverage Japanese technology and expertise, manufactured in India. This ‘Make in India’ approach will give us a significant competitive advantage in both cost and market reach." 

LEWL had earlier signed agreements with The Material Works Ltd. for EPS Gen 4 technology and TB Global Technologies Ltd. for Marine Loading Arms, solidifying its leadership in these innovative sectors.

About Lloyds Engineering Works Limited (LEWL)

Lloyd Engineering Works Ltd, founded in 1994, is an Indian company that specializes in providing customized process plant equipment. They offer a full range of engineering and infrastructure solutions, including design, manufacturing, fabrication, and installation. Their products cater to industries such as carbon, oil & gas, steel, power plants, and nuclear boilers, along with turnkey projects. Their facilities are certified by various authorities like the Industrial Boiler Regulatory Authority and Petroleum and Explosives Safety Organisation. The company has modern manufacturing units in Murbad, Thane, and is based in Mumbai.

Key Takeaways from the Order Win

• GE Power India secures an international contract from Blue Energy Limited for the Super Trishuli Hydropower Project.
• The contract is valued at INR 2,404 million and NPR 340 million, exclusive of taxes.
• The project is expected to be executed over 42 months.

As per a stock exchange filing, the order, valued at INR 2,404 million and NPR 340 million (exclusive of taxes and duties), involves the design, engineering, procurement, and supply of equipment for the 100 MW Super Trishuli Hydropower Project (HPP). This international contract includes the supply of turbines, governing systems, generators, control, and protection systems, along with the erection, testing, and commissioning of GE Vernova equipment at the project site. 

The project is expected to be completed in 42 months, and the contract will be accounted for in line with the business transfer agreement between GE Power India and GE Vernova Hydro Power India.

About GE Power India Limited

GE Power India Limited is a leading company specialising in the engineering, manufacturing, and management of power plant infrastructure and equipment. With a diverse range of services that include procurement, construction, and maintenance, the company is known for delivering comprehensive power solutions. GE Power India operates engineering centres in Noida and Kolkata and has a manufacturing unit for boilers located in Durgapur.

Established on September 2, 1992, under the name Asea Brown Boveri Management Limited, GE Power India is a publicly listed company with shares traded on both BSE Limited and the National Stock Exchange of India Limited.

Key Takeaway from the ABB and IIT Bombay Partnership

• IIT Bombay partners with ABB India to create an advanced teaching lab for electrical machines and drives, focusing on energy efficiency.
• The lab will provide hands-on training with modern industrial technologies like VFDs and PLCs, emulating real-world energy applications.
• The partnership aims to prepare engineers with knowledge of sustainable, energy-efficient technologies.
• ABB India has previously collaborated with other educational institutes like IIT Roorkee, contributing to smart electricity and technical upskilling projects.

As per a stock exchange filing, this partnership aims to equip students with hands-on training in modern, energy-efficient industrial systems, preparing them for future roles in evolving energy sectors. The lab will feature cutting-edge technologies such as variable-frequency drives (VFDs), programmable logic controllers (PLCs), and systems emulating industrial applications like wind turbines and electric vehicle drivetrains. With ABB India’s support, the lab will promote both technological innovation and environmental sustainability in engineering education.

Sanjeev Arora, President, Motion Business, ABB India said, “We are humbled to partner with the premier education institute IIT Bombay to support the institute in nurturing the next generation of engineers who are well-equipped to address the evolving demands of the industrial sectors with a focus on energy efficiency and conservation. The advanced technologies used in the new lab are innovative and sustainable in nature, ensuring that future engineers prioritize sustainability in their careers while contributing to a more resource-efficient world.” 

ABB India has previously collaborated with various institutions to advance technical education and upskilling initiatives. At IIT Roorkee, the company worked on the construction of a smart electricity distribution network and management system. In partnership with the National Institute of Technical Teachers Training & Research (NITTTR) Chandigarh, ABB set up a pioneering multi-physics digital simulation centre in 2019. Additionally, ABB India has focused on empowering disadvantaged youth, especially girls, through its Community IT and Skill Centre in Faridabad, operated with Udayan Care. Furthermore, ABB signed an MoU to refurbish the government ITI in Bengaluru's Peenya Industrial Area under its CSR initiatives.

Highlighting the importance of this partnership, Prof. Shireesh Kedare, Director of IIT Bombay, said, “IIT Bombay's partnership with ABB India marks a significant step toward empowering our students with advanced technical expertise and a deep understanding of sustainable energy systems. This state-of-the-art lab will provide immersive, hands-on training in cutting-edge technologies that mirror real-world industrial applications. Our goal is to nurture engineers who are not only skilled innovators but also champions of energy efficiency and environmental stewardship, prepared to lead the way in shaping a sustainable and resource-efficient future."

About IIT Bombay  

Founded in 1958, Indian Institute of Technology Bombay is the second IIT established and is globally recognised as a leading institution in engineering education and research. On July 9, 2018, it was designated as an 'Institution of Eminence' by the Ministry of Education. IIT Bombay is known for its exceptional faculty and the high calibre of its students. The institute comprises 17 academic departments, 31 centres and academic facilities, three schools, and three interdisciplinary programs. Over the past 60 years, more than 70,000 engineers and scientists have graduated from IIT Bombay. It is supported by over 715 faculty members, renowned both in India and internationally for their contributions to education and research. As of April 10, 2024, IIT Bombay was ranked 45th globally in Engineering and Technology in the QS World University Rankings by Subject.

About ABB India Limited

ABB is a global leader in electrification and automation technologies, focusing on promoting sustainability and resource efficiency. The company's solutions integrate engineering expertise and software to enhance manufacturing, transportation, energy, and operations. With a history spanning over 140 years, ABB employs more than 105,000 people who are dedicated to driving innovations that propel industrial transformation.

Key Takeaways from Zen Technologies Contract:

• The AMC solidifies Zen Technologies' collaboration with the Ministry of Defence, showcasing the trust placed in the company's capabilities.
• This five-year contract ensures continuous support and maintenance for advanced simulators, addressing the operational needs of India's defence forces.
• The contract reinforces Zen's position as a key player in the defence simulation sector, emphasising its expertise in maintaining critical assets.
• Valued at Rs 46 Crores (including 18% GST), this AMC reflects the significant investment in defence technology and maintenance, contributing to the sector's growth.

The AMC strengthens Zen's partnership with the Ministry of Defence and highlights the Ministry's confidence in the company's advanced defence solutions. 

Zen Technologies aims to meet the operational needs of India’s defence forces with its simulator technology. 

This contract reinforces Zen's position as a leader in the defence simulation sector, providing essential maintenance support for critical defence assets.

About Zen Technologies Limited

Zen Technologies Limited is a well-known leader in the industry with more than 30 years of experience in providing advanced Military Training and Anti-Drone solutions. The company focuses on creating high-tech military training simulators, driving simulators, live range equipment, and anti-drone systems. Zen has a dedicated Research and Development (R&D) facility in Hyderabad, recognized by the Ministry of Science and Technology, Government of India, showing its commitment to innovation. The company has applied for over 155 patents, with more than 75 already granted, and has successfully delivered over 1,000 training systems around the world.