DEE Development, Clean-Tech Partner for Developing Modular Green Hydrogen Production Systems

New Delhi, June 9, 2025: DEE Development Engineers Limited (BSE: 544198, NSE: DEEDEV), a leading provider of process piping solutions, has announced a partnership with the globally recognised firm Clean-Tech Partner to co-develop modular green hydrogen production systems. The partnership aims to expand DEE’s operations into the green energy sector across India and Thailand.

DEE Development Engineers Limited (DDEL) signed a Memorandum of Understanding (MoU) to jointly bid for and execute green hydrogen production system projects. The collaboration will integrate International Clean-Tech Partner’s advanced hydrogen technology — including electrolysers, separators, and purification systems — with DDEL’s execution and manufacturing strengths.

What Did The Management Say? 

“This partnership is a pivotal moment in our clean energy journey. Hydrogen is poised to become a cornerstone of global decarbonization, and we are proud to lead the way,” said Mr. Krishan Lalit Bansal, Chairman & Managing Director, DEE Development Engineers Ltd.

Key Collaboration Highlights

Strategic Advantages Of The Partnership

• Competitive Edge: Combines international tech expertise with local execution muscle, ideal for scaling hydrogen infrastructure.
• Alignment with India’s National Green Hydrogen Mission: Reinforces India’s ambition to become a global green hydrogen hub by reducing fossil fuel dependency.
• Thailand Expansion: Supports Thailand’s renewable energy roadmap and enhances DDEL’s regional clean energy footprint.

DDEL’s Recent Green Energy Moves

DDEL recently strengthened its clean energy portfolio by acquiring a majority stake in M/S Molsieve Designs Limited, a 22-year-old company specialising in hydrogen purification. This acquisition enhances DDEL’s capability to deliver ultra-pure hydrogen systems and expands its manufacturing footprint.

Share Price Effect 

At around 11:50 AM on June 9th, the shares of DEE Development Engineers were trading at ₹288.70, up 4.39%, or ₹12.15. It remains to be seen if the shares will hit their Upper Circuit or will settle lower at the end of today’s market session.

Future Outlook

DEE Development Engineers is positioning itself as a serious player in the green hydrogen ecosystem, both in India and Southeast Asia. With its new clean-tech partnership and strategic acquisition, the company aims to capitalise on upcoming green hydrogen tenders and cater to growing demand in Thailand. The board believes this collaboration will unlock long-term value for shareholders, positioning DDEL as a major player in Asia’s emerging green hydrogen ecosystem.

About the Company:

DEE Development Engineers Ltd. is listed on both NSE and BSE and specialises in process piping solutions for the oil & gas, power, and process industries. With manufacturing units in Haryana, the company is now actively expanding into the green energy domain, aligning with global and national sustainability goals.

REF: https://www.bseindia.com/xml-data/corpfiling/AttachLive/c75bc1be-b744-4192-9d8e-e59687f58f47.pdf

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