Dear Shareholders,

The Directors present the 57^th Annual Report of Engineers India Limited (the Company or Your Company or EIL) along with Audited Standalone and Consolidated Financial Statements of Accounts, the Auditors' Report and Review of the Accounts by the Comptroller & Auditor General of India for the Financial Year ended March 31, 2022.

2021-22 in Retrospect

Your Company sustained its good performance during FY 2021-22 despite COVID-19 pandemic challenges. The key highlights of the financial performance of the Company for the year, as stated in the audited financial statement, along with the corresponding performance for the previous year are as under:

(Figures in ' Lakhs)

Segment wise Performance

(Figures in ' Lakhs)

Financial Performance

* Includes '2,248.62 lakhs (previous year: ' 17,221.65 lakhs) towards provident fund liability/provision for impairment on account of Provident Fund Trust Investment.

** Property Plant and Equipment and other assets used in the Company's business or segment liabilities contracted have not been identified to any of the reportable segments, as these assets and support services are used interchangeably between segments. Accordingly, no disclosure relating to total segment assets and liabilities has been made and capital employed has been presented.

Dividend

The Board of Directors of your Company has recommended final dividend of ' 1/- per share (on face value of '5/- per share) for the financial year 2021-22, in addition to ' 2/- per share interim dividend already paid during the year. With this, the total dividend for the financial year 2021-22 works out to ' 3/- per share amounting to ' 16,861.27 Lakhs and Dividend payout of 49% of standalone profits of the Company. The final dividend shall be paid to the Members whose names appear in the Register of Members as well as beneficial ownership position provided by NSDL/ CDSL as on record date on 5^th September, 2022.

The Dividend Distribution Policy, in terms of Regulation 43A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations") is available on the Company's website on https://engineersindia.com/investors/corporate-governance/.

Transfer to Reserves

Your Company is proposing to transfer to general reserves in FY 202223, after adjustment of payment of proposed final dividend, if approved by the shareholders in the Annual General Meeting for FY 2021-22, from retained earnings balance of ' 24939.15 lakhs as on 31^st March, 2022.

Investor Relations

It has been a constant endeavour of your Company to achieve highest standards of corporate governance and all measures are being taken to enhance market confidence and improve shareholder engagement through periodic, regular, transparent and open communication.

The Management is committed to sharing information with investor community on the Company's performance and convey essential updates on expected projects, new business initiatives, future outlook, industry insights and avenues of growth potential and investment plans periodically.

Investor Relations provides timely communication of such information which acts as an effective bridge between the management and investor community. The Investor Relations Cell handles all investor concerns and issues efficiently, aligning it with disclosure requirements, transparency and Corporate Governance Rules & Regulations, thereby inculcating a "trust relationship" with the stakeholders.

The Management and Investor Relations Cell are actively communicating with the investors by means of one-on-one meetings, conference calls/earning call, investor conferences, etc. The print and web media are also being utilized for timely dissemination of vital information, which is extremely significant in the financial world.

Management Discussion and Analysis Report

The Management Discussion and Analysis Report, as required under Corporate Governance guidelines, has also been incorporated as a separate section forming a part of the Annual Report.

Business Responsibility and Sustainability Report

The Company has provided Business Responsibility and Sustainability Report, in lieu of the Business Responsibility Report which indicates the Company's performance against the principles of the 'National Guidelines on Responsible Business Conduct'. This would enable the Members to have an insight into Environmental, Social and Governance initiatives of the Company and forms a part of this Annual Report.

New Vision Statement

The Energy landscape in India and across the Globe is changing at a swift pace and organizations across the globe are re-strategizing their business operations focused towards Sustainability, Climate Change and Energy Transition. EIL, since its inception have always aligned its corporate and business strategies with Energy Ecosystem and aims to attain leadership position across the Energy Sector.

To strengthen its resolve and commitments towards futuristic goals, your company has unveiled its New "Vision Statement":

"To be a Global Leader offering Total Energy Solutions for a Sustainable Future"

This new vision would steer your company towards growth and transition pathway, thus, evolving EIL into a "Total Energy Consulting Organization" with leadership position across all the pillars and constituents of "Energy Sector".

Net Zero

In the rapidly changing global energy landscape, carbon intensity is becoming a key performance indicator for the success of any organization. New project investments are also diverted towards clean & green technologies instead of carbon intensive technological solutions.

EIL as a responsible corporate citizen has already mapped the carbon emissions from its own operations and has developed a roadmap for achieving its own Net Zero target.

Considering this, Your Company has declared 2035 as the year to achieve Net Zero aiming towards fulfilling our Hon'ble Prime Minister's vision to be Net Zero by 2070.

In addition to fulfilling its own decarbonisation objectives, your company is also committed towards assisting its esteemed clientele in their energy transition journey towards net zero by providing clean and green technological solutions leading to a sustainable future for the generations to come.

Consultancy Assignments (Domestic)

During the year, your Company has successfully completed major assignments across its business operations. Some of these including assignments where work is in progress are highlighted below:

Upstream Oil and Gas

During the year, your Company continued to make considerable progress in Offshore Oil & Gas and LNG sectors. The following consultancy assignment was successfully completed during the year:

• Construction of Fifth Oil Berth at Jawahar Dweep Island of Mumbai Port Trust, Maharashtra

The following assignments are currently under execution:

• Consultancy Services for Life Extension of Wellhead Platform (LEWP) 1, 2 and 4, Western Offshore of ONGC.

• Project Management Consultant (PMC) for HPLNG's LNG import, storage and re-gasification terminal with capacity of 5 MMTPA with potential expansion to 10 MMTPA capacity at Chhara, Gujarat.

• Detailed Feasibility Report (DFR) and Front-End Engineering Design of LPG Import Jetty at Dahej, Gujarat of HPCL.

• Consultancy services for design, engineering, technical studies, supervision and assistance for crude handling facilities project in Gulf of Kutch off Vadinar, Gujarat of IOCL.

• PMC Services for Two LNG Storage Tanks Project at Dahej LNG Terminal of Petronet LNG Ltd., Dahej, Gujarat.

• Engineering, Procurement and Construction Management (EPCM) Services for Dahej Regasification Expansion Project (17.5 to 20 MMTPA) of Petronet LNG Ltd.

• DFR for Dahej LNG Terminal expansion from 17.5MMTPA to 22.5 MMTPA of Petronet LNG Ltd., Gujarat.

• Study of potential ports to explore possibility of Ethane Imports on Western Coast of India for GAIL.

Pipelines

Your Company has established an outstanding track record in design, engineering and execution of cross-country pipelines for transportation of crude oil, refined petroleum products, natural gas and LPG across diverse geographies and demanding terrains in domestic as well as international geographies. EIL scope of services encompasses the entire project life cycle ranging from Detailed Feasibility Reports, EPCM (Engineering, Procurement and Construction Management) services, PMC (Project Management Consultancy) services, Integrity Studies etc. By virtue of EIL's skills in executing world class pipeline projects, EIL is the most sought-after technical consultant for major clientele.

Considering Government of India's (GOI) thrust on National Gas Grids, EIL is best placed to exploit the opportunities in pipeline sector which are likely to unfold in the next few years.

Your Company had successfully completed the following pipeline assignments during the year:

• PMC services for 36" x 357 km Vijaipur - Auraiya, Natural Gas Pipeline of GAIL.

• PMC services for 18" x 45 km Re-routing of Mumbai - Manmad Pipeline for BPCL.

• Mehsana - Bathinda Pipeline Project Phase - II of GSPL India Gasnet Ltd. (GIGL).

• EPCM services for Western Gateway Project Early Production facilities of Western Concessions Pvt. Ltd., Maharashtra.

• Seismic Analysis of Kandla - Gorakhpur LPG Pipeline of IOCL, BPCL, HPCL JV.

Your Company is executing following major pipeline projects for various clients which are in advance stages of execution:

• DFR, Quantitative Risk Assessment (QRA)/ Rapid Risk Assessment (RRA) for Revamp of LPG Import Facility at Uran, Gujarat for BPCL.

• EPCM Services for Krishnapatnam - Hyderabad Multi Product Pipeline, BPCL (Part A).

• EPCM Services for Crude Oil Import Terminal (COIT) at Paradip, Paradip - Numaligarh Crude Oil Pipeline (PNCPL) with cumulative length of 1637 Km and NRL - Siliguri Marketing Terminal (SMT).

• PMC services for 12"/ 8" x 450 km Kochi - Salem LPG Pipeline for Kochi Salem Pipeline Pvt. Ltd.

• PMC services for Capacity Augmentation of Jamnagar - Loni LPG Pipeline for GAIL.

• Modification/Revamp of Vijaipur and Vaghodia (HBJ/DVPL) system for GAIL for rich gas/lean gas interconnection.

• PMC services for Storage Augmentation of Light Hydrocarbon (LHC) Products at GAIL, Vijaipur, Madhya Pradesh.

• PMC services for 30"/ 24"/ 18"/ 12" x 827 km Dobhi - Durgapur - Haldia Natural Gas pipeline of GAIL.

• PMC services for Installation of Gas Turbine Compressor (GTC) at GAIL, Gandhar, Gujarat.

• PMC services for C₂ - C₃ product injection scheme in HVJ Pipeline at GAIL, Vijaipur, Madhya Pradesh.

• PMC services for Part-B for 18" x 680 km (Nagpur - Jharsuguda mainline and NTPC Korba Spurline of MNJPL Project (Mumbai - Nagpur - Jharsuguda Natural gas Pipeline) of GAIL.

• PMC services for 24" x 300 km Krishnagiri Coimbatore section of Kochi - Koottanad - Bangalore - Mangalore Gas Pipeline - II (KKBMPL) Project of GAIL.

• PMC services for 18" x 253 km Dhamra Haldia Pipeline Project of GAIL .

• Enhancement of pumping capacity of Barauni - Bongaigaon - Guwahati Sector of Naharkatia - Barauni Crude Oil Pipeline for Oil India Ltd.

• PMC services for HRRL Onshore Pipeline Project.

• PMC Services for Balance Jobs of Dabhol LNG Terminal, Maharashtra of Konkan LNG Pvt. Ltd.

• PMC services for Sustained Evacuation of Natural Gas from ONGC Gandhar Fields into High Pressure HVJ - DVPL and DVPL

Upgradation Natural Gas Pipeline network, Gujarat.

• EPCM Services for Alternate Water Supply Scheme (AWSS) of BPCL Kochi Refinery, Kerala (32"x26 km pipeline).

The following Major Projects were secured by the Company in the Pipeline Segment of hydrocarbon value chain during the year and are in progress:

• EPCM Services for Upgradation of Facilities of Numaligarh - Siliguri Product Pipeline (NSPL) for transportation of additional products.

• EPCM Services for Krishnapatnam - Hyderabad Multi Product Pipeline (16" x 450 km),of BPCL (Part B).

• Study for Hydrogen Blending in Natural Gas Pipeline/ CGD Network of GAIL, Uttar Pradesh. This project is significant in terms of EIL's entry into Green Hydrogen space.

• Hiring of Consultancy Services for various Critical/ Emergency Jobs Encountered during Operation and Maintenance of Pipeline, Pipeline Installation and Gas Processing Unit of GAIL, Uttar Pradesh.

• Feasibility Study for Jalandhar - Gurdaspur - Jammu - Srinagar Pipeline (JGSPL) Project of GAIL.

• 48" SPM Subsea Crude Line Support Rectification of HPCL, Andhra Pradesh.

Petroleum Refining

Your Company has carved a niche as one of the leading Engineering Consultancy service providers to the Petroleum Refining Sector in India, having its footprints in 20 out of 23 operating refineries including 10 grass root refineries in the country. Your Company has also executed Major Projects like, Diesel Hydro-desulphurization Projects, Fuel Specification Upgradation Projects and Revamp/Modernization Projects for most of the Oil and Gas majors.

The following Refinery Projects/Assignments were successfully completed during the year:

• Mumbai Refinery Expansion Project (MREP) of HPCL at Mumbai, Maharashtra to produce upgraded BS-VI fuels along with expansion of Plant capacity by 2.5 MMTPA.

• Indjet?Unit (ATF Hydro Treating Process) of IOCL Barauni, Bihar under R&D initiative of EIL and IOCL.

• EPCM services for BS-VI Project and associated facilities at MRPL Refinery, Mangalore, Karnataka to upgrade their products to BS- VI standards.

• PMC Services, Phase - I for capacity expansion of IOCL Panipat Refinery, Haryana from 15 MMTPA to 25 MMTPA (P25 Project).

• Feasibility Study for Capacity Expansion of IOCL's Paradip Refinery, Odisha from 15 MMTPA to 25 MMTPA.

• Preliminary Site Feasibility Study for the Proposed Location at Barsu - Solgaon, Rajapur Taluka, Ratnagiri District, Maharashtra for Setting up 60 MMTPA West Coast Refinery and Petrochemical Complex.

During the year, Your Company achieved significant progress in the following projects/assignments, some of which are under final stage of completion:

• Vizag Refinery Modernization Project of HPCL, Visakhapatnam, Andhra Pradesh. Primary process units are in advance stage of completion, associated offsite work is getting ready to commence pre-commissioning activities.

• PMC services for Rajasthan Refinery Project of HRRL, Barmer, Rajasthan. Award of EPCC/ LSTK contracts in progress. Construction works in full swing.

• Lender's Independent Engineer for State Bank of India (SBI) for Project Review and Assessment for financing of HRRL's 9.0 MMTPA Refinery cum Petrochemical complex, Barmer, Rajasthan.

• EPCM services for Coker-B Revamp of Barauni Refinery Capacity Expansion (from 6.0 MMTPA to 9.0 MMTPA) Project of IOCL in Bihar. 60% Model review completed and major equipment ordered. Dismantling of existing structure and re-routing of Pipeline works taken up to commence Construction activities.

• Engineering services to BHEL for 525 TPD standby Sulphur Recovery Unit (SRU) train at IOCL Paradip Refinery, Odisha.

• Phase - II, Consultancy for overall project management and EPCM/ PMC services for capacity expansion of IOCL Panipat Refinery, Haryana from 15 MMTPA to 25 MMTPA (P-25) project.

• Know-How, BEDP and DE of Coke Drum and Heater for Revamp of Coker - B Unit at Barauni Refinery (Phase - II), Bihar.

• Selection of BOO contractor for HGU of Numaligarh Refinery Expansion Project (NREP) of NRL, Numaligarh.

• Supply of License, Basic Engineering Design Package (BEDP), Catalyst and Other Related Services for Sulphur Recovery Unit (SRU) with TGTU for NREP, Assam.

The following projects were secured during the year and work is in progress:

• PMC/ EPCM consultancy services for 9 MMTPA Cauvery Basin Refinery (CBR) project, Nagapattinam, Tamil Nadu. Basic and Detailed Engineering work are in progress.

• LEPCM services for Delayed Coker Unit (DCU) - Revamp of NREP, Assam.

• Additional services (Change order) for Bitumen Blowing unit (BBU) of MRPL, BS-VI Project, Mangalore, Karnataka.

• Project Management Consultancy Services for De-Bottlenecking and Augmentation of Cryogenic facilities of BPCL LPG Import Terminal at Uran, Maharashtra.

• Consultancy service for LEPC Selection, DFR preparation and Basic design of OSBL for Green Hydrogen Plant for Bharat Oman Refinery, Bina, Madhya Pradesh.

• Supply of License, Basic Design Engineering Package (BDEP), Catalyst, Proprietary Equipment and other related Services for LPG Treating Unit (LPGTU - 1 and 2) of NREP for NRL in Assam.

• Consultancy Services for Licensor selection, Revalidation of configuration and DFR preparation for Ethylene Cracker, its associated facilities, Downstream units and expansion of Bina Refinery of BORL, Madhya Pradesh.

• PMC and Detail Engineering job of DCU heater Run Length Improvement job of IOCL, Digboi Refinery, Assam.

• Phase - I, Project Management Consultancy (PMC) Services for Retrofit of Steam Driven DHDS Recycle Gas Compressor (DDC - 2), VGO HDS Recycle Gas Compressor (VHC-1) and CCR Net Gas Compressor (CRC - 2) with Electric Motors at BPCL Kochi Refinery, Kerala.

• Supply of Know - how/License, Reuse of BEDP of Haldia Refinery DHDT unit, Review of Detailed Engineering Documents and Technical Assistance Services for Pre-commissioning and Commissioning of DHDT at Barauni Refinery under BR-9 Expansion Project of IOCL, Bihar.

• Design, Detail Engineering, Procurement and PMC Services to Revamp Existing Integrated Refinery Expansion Project (IREP) DHDT Charge Heater IG-H-101 for efficiency improvement of BPCL, Kerala.

Petrochemicals

Your Company has been involved in the establishment of several Mega Petrochemical Complexes in India. The Company has provided Engineering Consultancy services for various processes including Gas based/ Naphtha based Cracker Complexes and Aromatic plants comprising Naphtha Splitters, Pre-treaters/ Reformers, Benzene - Toluene Extraction units, Pyrolysis Gasoline Hydrogenation Units, Xylene Fractionation and Isomerization units including overall integration and optimization of such complexes.

The following Petrochemical Assignment was successfully completed during the year:

• Consultancy Services for Techno-Commercial Feasibility Study of Naphtha Cracker Expansion Phase - II and New Ethylene/ Propylene Derivative Project, Panipat, Haryana for IOCL.

Significant progress has been made on the following Petrochemical Projects, some of which are under final stage of completion:

• Licensor Selection, Engineering and Construction Management (LEPCM) services for 500 TPD Methanol Project and Associated Facilities for Assam Petrochemicals Limited, Namrup, Assam.

• EPCM services for 60 KTPA Polypropylene plant at Pata Petrochemical Complex, Uttar Pradesh of GAIL.

• EPCM/PMC services for Guru Gobind Singh Refinery (GGSR) Polymer Addition Project of HMEL at Bhatinda, Punjab - Mechanical Completion achieved for all polymer units.

• Lender's Independent Engineer (LIE) for Guru Gobind Singh Refinery (GGSR) Polymer Addition Project of HMEL at Bhatinda,for SBI, Punjab.

• Services for Hydrogenated Pyrolysis Gasoline (HPG)-2, Butene-1 and Pressure Swing Adsorption (PSA) units in BCPL, Lepetkata, Assam.

• EPCM services for 500 KTPA Propane Dehydrogenation (PDH)/ Polypropylene (PP) Unit at GAIL, Usar in Maharashtra.

• Licensor Selection, Preparation of DFR and Review of Licensor's BEDP for Poly-Propylene Unit (PPU) of NREP, Assam.

The following Projects were secured by the Company in Petrochemical Sector during the year and are in progress:

• Consultancy service for Licensor selection and preparation of Detailed Feasibility Report for 1200 KTPA Petrochemical Plant at Bharat Oman Refinery for BORL, Bina, Madhya Pradesh.

• PMC Services for De-Aromatized Solvents (DAS) unit at BPCL Mumbai Refinery, Maharashtra.

• Master Plan finalization and Pre-feasibility report (PFR) for Setting up of 500 KTPA PDH/ PP/ Propylene based Derivatives Petrochemical Complex at Dahej of Petronet LNG Ltd., Gujarat.

• Detailed Study Report for Debottlenecking GSU C2+ Unit at BCPL Lakwa, Assam.

Strategic Storages

The Strategic Crude Oil Storage Programme is the flagship Energy Security initiative of the Govt. of India which aims at creating a buffer stock of crude oil in underground caverns to meet requirements in case of any disruption of supplies from abroad. During the year, the Company achieved significant progress in PMC services for storage of 80,000 MT of LPG in underground rock caverns at Mangalore, Karnataka for HPCL.

Metallurgy

Your Company is a leading Engineering Consultancy Service Provider for non-ferrous metallurgy having executed a large number of greenfield Smelter and Alumina Refineries in India.

During the year, following Key Metallurgy Assignments were completed:

• DFR for Kodingamali Bauxite Mines of Odisha Mining Corporation Ltd., Odisha.

• Feasibility Report of Jhamarkotra Rock Phosphate Mines, Udaipur for Rajasthan state Mines and Minerals Ltd.

• Assessment of Land requirement for Byproduct disposal from FGD Plant at Aditya Aluminium, Lapanga, Odisha for Industrial Promotion and Investment Corporation of Odisha Ltd.

During the year, the Company achieved significant progress in following projects:

• Consultancy services for Retrofitting of HRD (High-Rate Decanter) and DCW (Deep Cone Washer) in Stream - 1, Stream - 2 and Stream - 3 of NALCO at Damanjodi, Odisha.

• Consultancy services for 2nd Raw Water Intake Pump House and Pipeline at Damanjodi, Odisha of NALCO.

• Consultancy services for procurement and installation of Reclaimer and Associated Facilities in NALCO's Alumina Refinery at Damanjodi, Odisha.

• Consultancy services and construction management for addition of 11^th Rectifier Group (Swing Group) between Potlines 3 and 4 of Aluminium Smelter at NALCO, Angul, Odisha.

• Preparation of DPR and Selection of Technology for Bauxite Conveying System from Pottangi Mines to Alumina Refinery, Damanjodi, Odisha of NALCO.

• Owner's Engineer Services for MDO and Evacuation facilities at Kurmitar Iron Ore Mines for Odisha Mining Corporation Ltd., Odisha.

The following assignments were secured by the Company during the year and work is in progress:

• Consultancy services for Capacity Enhancement of Tailing Dam of Malanjkhand Copper Project of HCL, Madhya Pradesh.

• Assessment of Land and Water requirement for proposed 1.0 MTPA Refinery at Raygada/ Koraput district, 0.5 MTPA Aluminum Smelter and 1400 MW Captive Power Plant at Dhenkanal District, Odisha for IPICOL.

• Assessment of Land and Water requirement for Expansion of 5 MTPA existing Integrated Steel Plant of Bhushan Power and Steel Limited (BPSL) to 15 MTPA at Sambalpur, Odisha for IPICOL.

• Study assessment of Land for steel plant capacity enhancement from 6 MTPA to 25.2 MTPA and assessment of water for slurry pipeline having capacity 36 MTPA of HCL, Madhya Pradesh.

• Assessment of Land and Water requirement for proposed 24 MTPA Integrated Steel Plant including facilities like Captive Riverine Jetty, CPP (1200 MW), Cement Plant (18.75 MTPA) of Arcelor Mittal Nippon Steel India Ltd. at Kendrapada, Odisha for IPICOL.

Infrastructure

Your Company has developed a strong track record in Infrastructure sector by providing a wide spectrum of services such as Project Management (including on Depository Basis), Third Party Inspection (TPI), Quality Assurance, Independent Engineer and Lender's Engineer services, Project Appraisal and Project Execution Services in some of the important Projects of Key Clientele in the Sector.

During the year, following major projects were completed:

• Engineering PMC for Development of Tourist Infrastructure Facilities in and around Khajuraho Group of Temples for Indian Oil Foundation, Madhya Pradesh.

• Supervision of Mumbai - Ahmedabad High Speed Rail Project (C4, C6 and P4 packages) of National High Speed Rail Corporation Ltd., Gujarat.

Upholding our commitments to customers, your Company continued to achieve substantial progress in following infrastructure projects:

• Extension of TPI services for Infrastructure Projects of Pune Municipal Corporation, Maharashtra.

• PMC Services for Construction of Domestic Terminal of Leh Airport.

• PMC Services for New Campus Design and Development of IIM Nagpur at MIHAN, Maharashtra.

• PMC Services for Residential Complex of Unique Identification Authority of India (UIDAI) in Delhi.

• PMC services for Construction of Petronet LNG Ltd.'s office Building at Dwarka Sector - 14, Delhi.

• Independent Engineer for Development and Construction of Green Field International Airport at Mopa, Goa.

• Independent Engineering Services for Development and Expansion of IGI Airport at Delhi for AAI.

• Supervision and PMC services for High - Speed Rail Terminal Project at Sabarmati of National High Speed Rail Corporation Limited, Gujarat.

• Engineering review, Procurement and Construction Management Services for Phase - II of HP Green R&D center at Bengaluru of HPCL, Karnataka.

• Cost estimate report for facility up gradation at International Advanced Research Centre at Hyderabad, Andhra Pradesh.

The Company's footprints in Infrastructure Sector received an impetus with securing of the following assignments during the year:

• Independent Engineering Services for Noida International Airport, Jewar, Uttar Pradesh.

• Third Party Inspection services for completing Unitech's incomplete Projects across India.

• Third Party Assessment for Engineering Review and Project Management for Fintech University, Jodhpur, Rajasthan.

• Providing assistance in Monitoring of Development/ Redevelopment of Central Vista Project, Ministry of Housing and Urban Affairs, New Delhi.

Water and Waste Management

Your Company has the expertise to undertake a multitude of Water Treatment projects such as raw water intake and treatment systems, Desalination plants, Cooling Water plants, Water Injection plants, Demineralization Plants, Condensate Polishing plants etc. The Company has also evolved basic engineering for standard modules for Municipal Sewage Treatment Plants as well as Standalone Recycle Plants.

The following Water and Waste Management projects were completed during the year:

• EPCM Services for Effluent Treatment Plant at Tengakhat, Assam Following projects are in progress and at various stages of execution:

• Execution of entry level activities including development of Ghats and Crematoriums in Uttar Pradesh and Implementation of Sewerage Infrastructure works under the Namami Gange Programme.

• Technical and Financial Audit of Infrastructure works in various Urban Local Bodies (ULB) of Punjab for Punjab Municipal Infrastructure Development Company (PMIDC).

• PMC Services for sewerage system in Ponda Colony - Zones IA and IB of Goa for Sewerage and Infrastructure Development Corporation of Goa Limited (SIDCGL).

• PMC for ETP and associated facilities at Jhagadia Pumping Station for Narmada Clean Tech, Gujarat.

The following Project was secured by the Company in Water and Waste Management sector during the year:

• PMC for Construction of 60 ML Guard Pond, 30 ML Equalization Tank and Boosting Pumping Station for Narmada Clean Tech (NCT) at Final Effluent Treatment Plant Ankleshwar, Gujarat.

• Technical Audit/ Inspection of Parwan Irrigation Project of Water Resources Department under Kota Division - Rajasthan.

Fertilizers

Your Company is leveraging its capabilities to tap significant business opportunities presented by fertilizer sector in India and Overseas. EIL has 26% equity stakes in a JV Company Ramagundam Fertilizers and Chemicals (RFCL) along with NFL and FCIL. RFCL has been formed to pilot the Revival of Ramagundam Fertilizer Project, Telangana. Currently plant is operational at 100% capacity.

Your Company is also undertaking Techno - Commercial Viability and Preparation of DPR for Technical and Food Grade Phosphoric Acid Project at Sikka Unit, Jamnagar, Gujarat.

Coal

Your Company is providing Consultancy services for Finalization of Build Own and Operate (BOO) package and preparing Detailed Feasibility Report (DFR)/ Detailed Project Report (DPR) for the proposed Coal to Ammonium Nitrate Project for Western Coalfields Limited (WCL) at Juna, Maharashtra.

Alternative Fuel

In the Alternative Fuels space, your Company is providing EPCM services for Assam Bio Refinery Project of Assam Bio Refinery Pvt. Ltd., the first of its kind plant in India. Engineering, Procurement for Long lead items, Tendering for Utility LSTK packages/ other works and construction activities is in progress. Ethanol blended Motor Spirit system (EBMS) has been commissioned.

Your Company also secured assignment for preparing DFR for setting up Bamboo based Bio - refinery at NTPC Bongaigaon, Assam.

Overseas Consultancy Assignments

Your Company has leveraged its strong track record in the Indian Hydrocarbon sector to successfully expand its international operations. Over the years, the Company has emerged as a global player with the execution of a number of prestigious assignments for International Energy majors in Middle East, Africa and South East Asia.

During the year, following Overseas Assignments were completed:

• FEED for Permanent Radioactive Source storage at Das Island.

• Conceptual Study for UAD Offshore facilities - CPC Zero Flaring mitigation measures, CED Job no. C1852.

• Umm Shaif facilities (E1870) Engg. Package - Power supply from USSC - PDP for JOPETWIL Accommodation Barge.

• FEED Services for Automatic Overfilling Protection and flammable gas Detectors for HC tanks in ADNOC Refining locations - ADNOC, UAE.

Various Engineering, PMC, Technical Support services are being provided to ADNOC, UAE under the following service agreements:

• Technical Support Services Agreement (TSSA) (2018 - 2023) of ADNOC Gas Processing, UAE.

• PMC Services on Call Off Basis (2018 - 23) of ADNOC Offshore, UAE.

• Engineering Services on Call Off Basis (2018 - 23) of ADNOC Offshore, UAE.

• General Engineering Services of ADNOC Onshore, UAE.

• Concept, Pre-Feed and Feed Framework agreement (2021 - 2026+2)

These service agreements provide consistent source of revenue for EIL AD office.

Following overseas assignments are in progress and at various stages of execution:

• EPCM services for the prestigious Dangote Refinery and Petrochemical Project, Nigeria comprising a 650,000 BPSD grass root Petroleum Refinery and 830 KTPA Petrochemical Complex at Lekki Free Trade Zone, Nigeria for Dangote Oil Refining Company (DORC). This is the largest single train refinery in the world. The Project facilities include crude oil receipt and storage including two SPMs with associated offshore/ onshore pipelines.

• Additional PMC/ EPCM Services for new units, viz. DHDT, SWS and ARU in Dangote Refinery, Nigeria.

• PMC services for 3.0 MMTPA grass root refinery of Eastern Refinery Limited in Bangladesh.

• PMC services for 1.5 MMTPA grass root refinery in Mongolia which is being set up under Line of Credit facility from EXIM Bank.

• Detailed Engineering Services for recommended Synergy Tie-ins and MP Steam Lines at Ruwais Fertilizer Complex (FERTIL) for ALSA Engineering and Construction, UAE.

• Lower Zakum facilities - Studies/ Engineering Packages (package-1).

• PMC Services for Habshan - Bab Projects, ADNOC Gas Processing, Abu Dhabi, UAE.

• Zirku Island Facilities Studies/ Engineering Packages (PMR'S and FC'S) (Package - 3), ADNOC, UAE.

• EPCM services for 10" x 131 km, HSD India-Bangladesh Friendship Pipeline Project (IBFPL) from Siliguri, India to Parbatipur, Bangladesh.

The following assignments were secured by the Company during the year and are in various stages of execution:

• Feed engineering for Debottlenecking the existing produced Water treatment plant capacity from 200 MBD to 300 MBD for 1 MMBD Phase - I project - (UZ projects), ADNOC Offshore, UAE.

• Umm Shaif facilities PMRs and EWRs (Package 4.1), ADNOC Offshore, UAE.

• Provision of PMC Services on Call - off basis (UZ Well Hook - Up Project) for ADNOC Offshore, UAE.

• Provision of PMC Services on Call - off basis (Satah/ UAD Projects) for ADNOC Offshore, UAE.

• Provision of PMC Services on Call - off basis (for UZ Sewage Treatment Units and E1085 - EDGs replacement at UZCC and ACPT - 1) for ADNOC Offshore, UAE.

• Provision of PMC Services on Call - off basis for Smart Upstream Project for ADNOC Offshore, UAE.

• FEED for Replacement of Waste Water Treatment Plant Absorption Chiller for BAPCO, Bahrain.

• FEED Studies for LNG Storage Tanks, Jetty Top-Side and Plant Process Piping for LNG liquefaction and Export Terminal at Eastern Obolo, Akwa Ibom state for Padah LNG,, Nigeria.

Turnkey Projects

Your Company's turnkey project portfolio consists of projects executed on LSTK mode or on the 'Open Book Estimate (OBE)' basis.

The following OBE/ LSTK job were successfully completed during the year:

• SRU Revamp at ONGC Hazira Plant, Gujarat.

The following OBE/ LSTK jobs witnessed considerable progress during the year:

• Vizag Refinery Modernization Project Offsite in Vizag, Andhra Pradesh.

• Revamp of Slug Catcher at Uran Plant of ONGC in Maharashtra.

• Execution of Residual Utilities and Offsites for Rajasthan Refinery Project, HRRL, Rajasthan on OBE basis - Construction of Offsite Pipe racks and buildings are in full swing.

Performance of Divisions Process Design and Development

The Process Design & Development Division is primarily engaged in providing design services for grass root as well as revamp projects in the field of Refineries, Petrochemicals, Oil & Gas, LPG & LNG import facilities, Strategic Storages and Cross Country Pipelines, thus covering the complete value chain of Hydrocarbon. The activities undertaken by the division encompass the whole gamut Conceptualizing to Commissioning for Domestic as well as Overseas Clients.

The Division carries out Configuration studies to conceptualize Projects to meet market demand and growth trajectory, seeds Projects by carrying out Feasibility Studies and Detailed Feasibility Report. Carries out Technology Evaluation activities as a Value added activity to select Process Licensors. The division also offers Licensing Services for In-house developed Technologies and develop Basic Licensed Technology Process package, in collaboration with other entities. The division provides services for highly competitive Basic Design Package of Open Art units, Multiproduct liquid Pipelines including special fluids, Strategic Storages as well as Utilities & Offsites. Further activities for Pre-FEED & FEED is carried out by the division with the means of conventional Residual process design of licensed and Open Art facilities. The Detail Engineering activities for conventional EPCM and OBE jobs are carried out till the implementation stage. In case of PMC activities, the division also provides value-added services for selection of EPC contractors and for providing complete PMC services. The division also provides support for Pre-commissioning / Commissioning, Plant start-up assistance for handing over the facilities to Owners meeting the business and project requirement. The division specializes in various Specialized Services such as Operating Unit Trouble-shooting, efficient & schedule friendly debottlenecking activity and Technical due Diligence activities. The division is ably handling a number of Overseas prestigious assignments adapting to Diverse Customer Base, Diverse Capacity and Local Regulations, Design practices. Adoption of Best Practices and Benchmarking our services w.r.t.International codes & standards is followed consciously in providing the services.

The division with the unique blend of knowledge, expertise and experience in diverse domains in different geographies actively support the Business Development Group of the Company in securing new business, opening up new avenues for business in India and overseas. The Division is also responsible to support activities of securing business in various geographies across the globe in diverse domains. The Division has adopted cutting edge technology using smart platform for seamless integration of basic, to detailed engineering activities through usage of database. Initiative towards continuous digitization yielded results in ensuring Operational Excellence.

The year 2021-22 continued to disrupt our lives and normal operation due to the 2nd and 3rd wave of Covid-19 pandemic. However, the learnings from the first lockdown ensured a smooth transition from Offline working to Online working which ensured that all committed schedules were met. Mechanical completion, pre-commissioning and commissioning activities of BS-VI Projects in 4 IOCL refineries with diverse locations were made possible by the dedicated & able team of engineers from the division during this period. Mega Project such as Guru Gobind Singh Polymer Addition Project (GGSPAP) of HMEL could also achieve considerable progress during this time and progressively moving towards Mechanical completion and achieved various critical milestones. The Year also saw completion of one of the major OBE jobs: SRU at Hazira.

The highlights of the other prestigious assignments undertaken by the

• Panipat Refinery Capacity expansion: Panipat Refinery currently operating at 15 MMTPA capacity is being augmented to 25 MMTPA under Panipat P-25 project, for which EIL is providing services of Overall PMC, and EPCM activities for a cluster of units and U&O. The Detailed Engineering activities for EPCM-1 units, being executed by EIL is in progress. The EPC contracts for the DHDT, VGO HDT and RHCU are also at an advanced stage.

• Mongol Refinery Project: Basic design of Open art units and Utility-offsites facilities of Mongol Refinery project, has been completed. Technology suppliers for the licensed units have been selected.

• Dangote Refinery: The Mega Dangote Refinery at Nigeria is moving towards mechanical completion. The division is gearing up to provide Client assistance in Pre-commissioning and Commissioning of the Refinery.

• PMC review for all Process related documents for all Licensed Unit under Visakh Refinery Modernization Project, HPCL-Vizag.

Upstream and midstream

• LPG Import Facilities: The Division is providing services in the design and PMC work for the LPG cavern at Mangalore. With this project, EIL has taken the first step in this critical area of underground cavern storage for LPG, which is of strategic importance for Energy Security.

• EPCM services for LPG import terminal at Uran: Debottlenecking & Augmentation is in advanced stage.

The Division is providing specialized services for Basic Design & Residual Engineering for NRL & HRRL for Crude Oil Terminal (COT) at Paradip which are to be executed on BOOT & EPC mode:

? EPCM services for Coker-B revamp of IOCL-Barauni Refinery, Bihar.

¦ FCCGas Treating Unit of BS-VI project of MRPL Commissioned.

¦ PMC services for BS-VI MS Block of BPCL-Kochi Refinery.

¦ EPCM Services of MRPL BS VI Project

¦ PMC / EPCM services for 9 MMTPA Cauvery Basin Refinery (CBR) project for CPCL at Nagapattinam.

¦ Implementation of Slug Catcher Project at ONGC, Uran under OBE mode, which was designed by EIL for the first time.

• LNG Import Facilities :

EIL has been providing PMC services for Chhara LNG terminal having capacity of 5MMTPA Natural Gas (expandable to 10 MMTPA) in Gujarat. The Terminal is designed for unloading, storing and vaporizing LNG and sending into the Cross-Country Pipeline connected to the high pressure Natural Gas Distribution Network. In addition, EIL has been entrusted to carry out capacity expansion of Dahej terminal in EPCM mode. Other assignments include PMC services for two LNG storage tanks at Dahej LNG terminal and PMC services for construction of LNG truck loading facility at Dhabol KLPL.

Pipelines of National Importance

• Gas pipeline: The division is providing services for GAIL's prestigious Urja Ganga pipeline for Dhamra - Haldia segment & Nagpur-JharsugudaNatural Gas Pipeline & Krishnagiri-Coimbatore section of Kochi-Koottanad-Bangalore-Mangalore Gas Pipeline -II. These pipelines will ensure a highly reliable and dependable corridor for gas transportation.

• Challenging activities are being carried out for Paradip - Numaligarh Crude Oil Pipeline (PNCPL) for supplying additional crude feedstock for meeting requirements of NRL capacity augmentation.

• BPCL's proposed Multi product pipeline from Krishnapatnam to Hyderabad, a facility to augment fuel supplies in one of the fast, industrially developing areas of Telangana.

• Indo-Bangla Friendship Pipeline Project for Diesel transportation of M/s NRL has been completed and commissioned as part of Look East policy.

Pre-commissioning & Commissioning and Successful Operation

• All units under the prestigious BS-VI Implementation Project have been commissioned in IOCL refineries. These projects have helped the Nation to leapfrog to the BS-VI fuel specification.

• The site activities for Guru Govind Singh Polymer Addition Project (GGSPAP) are in full swing. Polymer section and Utility and Offsite facilities of the Complex have achieved mechanical completion which includes, HDPE, SWING unit, PP Butene-1. The 1200 KTPA Mega Cracker and Associated Downstream Complex will ensure import substitution in area of commodity polymers to a large extent.

• SRU Revamp Project at ONGC, Hazira has been commissioned under OBE mode.

• Completion of Pre-commissioning activities of MR-II Tankage Project at HPCL, Mumbai.

• LPG/Propane pipeline from GCPTCL to OPaL for Dahej Petrochemical complex has been commissioned.

• Phase-II of UGPS (Upgradation of Pumping Stations) Project of M/s OIL has been commissioned.

• Viajipur-Auraiya Gas Pipeline Project of M/s GAIL has been commissioned.

• Pre-commissioning /Commissioning of CDU-4, HCU, NIU units under Visakh Refinery Modernization Project, HPCL

• Pre-commissioning / Commissioning of Methanol plant of Assam Petrochemical Ltd, Namrup.

• Pre-commissioning / Commissioning activities of Suphur Recovery Block, Flare, Utilities and offsite facilities of BS-VI auto fuels project, CPCL.

EIL's Foray in the area of Green Hydrogen

Green Hydrogen has been considered a unique energy carrier for decarbonisation of industries leading towards net zero carbon emission by the year 2070. In line with GoI's push for deployment of Green Hydrogen technologies, EIL has dedicated a team for Implementation of Projects related to Green Hydrogen. With the concerted efforts of the team, EIL has bagged two Green Hydrogen Projects:

a. Hydrogen Blending in Natural Gas pipeline / CGD network for GAIL.

b. Conceptual study for setting up of Green Hydrogen Plant for NICDC, Gujarat

Engineering

During the year, the Engineering Divisions continued their efforts towards providing optimised and Value Added Services for all ongoing projects consistent with the Client requirements and objectives of the Company. Various Divisions maintained focus on key areas like System Improvement and providing quality of Deliverables, enhanced productivity by adopting knowledge from past data, repeatability of design, enhanced software application and implementation of

Electronic Data Management System (eDMS) along with improved information Exchange, Digital Data Transfer, Electronic Work Flow Integration with remote working capabilities, efficient communication Systems, Implementation of Internal Audit observations and Monitoring and updation of specifications, standards and guides.

Engineering divisions have achieved complete Digital Integration for seamless data transfer among all divisions working on 3D environment for production of engineering deliverables, starting from Concept to Commissioning. Thereby repetitive works is effectively eliminated, engineering processes are optimised along with major boost to quality of engineering deliverables resulting, a big leap forward towards meeting challenging project schedules. The division continued to provide its engineering services for all the projects being executed by your Company.

Engineering and Technology Development Department (ETDD)

The Engineering and Technology Development Department (ETDD) is a multidisciplinary group with specialists from different fields of engineering providing specialist solutions for Refineries, Petrochemicals, Oil & Gas Processing Projects, Pipelines, Offshore Platforms, Fertilizers, Metallurgical and nuclear industries. ETDD provides services in the field of advanced engineering design and analysis of pressure vessels and piping systems including those for very severe environments such as very high temperatures and pressures, technological and complex structural systems, pipelines and tankages.

The capabilities of ETDD include finite element analysis, pipe stress and pipeline analysis, heat transfer, structural analysis, design-byanalysis of pressure vessels and piping components, fatigue and creep- fatigue analysis, mechanical and structural dynamics and vibration, fluid transients and fitness-for-service evaluations. ETDD has solved many unconventional, complex and multidisciplinary problems, which required in-depth technical knowledge and proven performance in the fields of engineering design and analysis, arise during design phase and as well as pre- and post-commissioning phases. ETDD has also taken up many project works in high-technology areas such as seismic analysis of nuclear structures, satellite launch complexes, rocket test stand, large space structures, blast resistant structures etc.

In-house capabilities developed for the following and implemented in the projects:

• A bulge resistant design of coke drums has been developed using optimum combination of vertical and horizontal plate arrangement and at the same time ensuring ease of fabrication. The complete design and specification has been filed at the Indian Patent Office. This has been implemented in IOCL, Barauni and Numaligarh Refinery coke chamber projects. This development enhanced the capabilities of EIL in the field of fatigue resistant design of pressure vessels and piping (PVP) components.

• A new methodology is developed to use Partial Safety Factors (PFs) to maintain risk level as per location classifications for engineering Critical Assessment (ECA) of onshore natural gas pipelines. This capability is being implemented in GAIL's pipelines project 'ECA of onshore Natural Gas pipeline weld anomalies'. This development enhances the capabilities of EIL in the field of fitness-for-service assessment for pipelines.

• An unconventional internal repair procedure has been developed for repair of Mounded Bullets internally to compensate for the damages occurred on the external surface of the Bullets without disturbing the external mound thus saving significant amount of time and efforts and the downtime. This repair procedure got acceptance from the Statutory Authority PESO and implemented in India for the first time.

Equipment

Equipment Division of EIL is engaged in the Design, Engineering & procurement of different types of static, rotating, packaged and fired equipment that are required in the industry. With integration of mass transfer & heat transfer personnel into the division, there has been a seamless integration of Concept, Design, Detailed Engineering and field execution stages of the equipment under one roof.

Some of the key highlights are as under:

• Implementation of improved Coker Furnace & Coke Drum design based on in-house Indigenous improved Coker Technology for IOCL-Barauni and improved Coke Drum design based on in-house indigenous design for DCU, NRL.

• Developed a design procedure for Double Wall storage tanks and process of obtaining trademark is underway.

• 4 number patents in heat transfer equipment, 3 number patents in fired heater & 1 number patent for coke drum design filed.

• Web based real time Fired Heater Optimization module (EngRT- Htr) developed and is now available for commercial use.

• Proficiency in design of cruciform vertical cylindrical heater configuration for very high pressure and high temperature resid hydrocracking service.

• Optimized Ejector system design capabilities for single stage, multi-stage as well as hybrid systems with LRVP with in-house software.

• Project execution related to operational issues, troubleshooting, efficiency improvement and run length improvement for various heat transfer equipment, heater revamp / optimization etc. for clients like GAIL, IOCL, BPCL etc. making Fired Equipment & Heat Transfer Department of Equipment division as revenue generating departments.

• Development of modified feed inlet device for Crude / Vacuum Columns & Fractionators.

• Electric Motor Driven Variable Speed Centrifugal Compressors upto 32 MW (Largest till date by EIL) for GAIL, USAR PDH Project IOCL P-25 project, Panipat.

• Electric Motor Driven Reciprocating Gas Compressors (Common MUG, 9 MW) catering to 3 process units of IOCL P-25 project, Panipat.

• Design & Engineering for 5 no's CATOFIN Reactors, first of its kind in India, for Propylene Dehydrogenation Unit (PDH), GAIL (India) Ltd - Usar complex.

• Engineering for procurement for Automatic Storage & Retrieval System (ASRS) package for IOCL P-25 project, Panipat.

• Review of Engineering deliverables for the largest grass-root Integrated Refinery cum Petrochemical Complex for HRRL Refinery & Petrochemical Project at Rajasthan.

• HVAC System for Leh Airport with wide variations in ambient temperature [(+) 35?C ~ (-) 22?C] using Glycol based chiller/ hot water and use of Geothermal energy to achieve Carbon neutrality.

• Design and Engineering of Static Equipment in Exotic Material (e.g.

DSS/SDSS clad, Titanium clad etc.) as well as large tanks in SS-316L & Titanium Grade-2 for Bio Refinery Project (ABRPL).

• Publication of articles in revered oil & gas trade journals on "Fuel oil to LNG: Decarbonizing fired heater", "Do not let furnace emission derail your expansion project", "Evaluating Hydrogen rich Fuel Gas firing" "Embracing Tube Metal Temperature Factor (FT) in Fired Heater Design" etc.

• Continual efforts and Team orientation towards achieving higher levels of standardization, utilization of past data & feedbacks to deliver cost optimized and reliable solutions.

• Remote Inspections at shop / site as well as for Column internals using web meeting tools in the pandemic period.

• Equipment designed for Mongol Refinery for winterization conditions of (-) 31.5 ?C.

• Conceptual design for Modularization and advanced Mass transfer internals.

• Expertise in energy optimization studies, On-site performance evaluation and throughput enhancement by modification/ replacement of existing Heat Transfer equipment.

• Maintaining connect with industry through webinar on Fired Heaters, Heat Transfer Equipment, Desalter & Deaerator for Clients, participation in CHT meet etc.

In order to boost Govt. of India's initiatives on "Make In India" and "Atmanirbhar Bharat", efforts are being made for maximizing the equipment manufacturing & sourcing from within India.

Electrical

Electrical Department is responsible for the Design, Engineering, Procurement and Implementation of the Electrical Power Distribution systems for all projects by adopting latest technologies and following the applicable latest National and International Standard and Codes.

With the adequate availability of stable & reliable Grid Power supply across India nowadays, the focus has shifted to utilizing the Grid Power source for the projects instead of Captive Power Plants considered earlier. This has led to handling incoming Grid power supplies upto 400 KV, use of Extra high voltage Gas Insulated switchgears (GIS) & EHV cables for HMEL Petrochemicals, VRMP & BPCL Kochi projects, use of very large rated motors in the range of 30 MW instead of steam turbines for driving compressors for Rajasthan Refinery Projects of M/s HRRL & PDH & PP projects of GAIL Usar and extensive Electric heat tracing systems instead of Steam tracing for VRMP & Rajasthan Refinery Projects. In Rajasthan Refinery Project which comprises the largest Refinery and Petrochemical Complex in India, Grid power to the tune of 350MW have been imported from State Authority and is being utilized in the Complex alongwith in-house captive generation using Steam Turbine Generators. Further, the electrical systems of the plants are getting smarter with digitalization. The electrical department has aligned with the latest requirements & policies and accordingly state of the art Electrical Control System (ECS), Substation Automation system, digital Fire Alarm System and Plant Communication System are being utilized in all projects viz. VRMP, HRRL-RRP, Cauvery Basin Refinery, GAIL-Usar PDH & PP and IOCL P-25 projects.

During the Covid Pandemic phase Digitalization has been brought to altogether new platform. Many initiatives and innovative techniques have been implemented in fulfilling the various project commitments without interruption, yet ensuring the safety and health of the employees. The Remote/online Factory Acceptance Testing (Hardware and Software) of Electrical Control System (ECS) for complete electrical system of VRMP consisting of complete checking of the functionalities was successfully completed.

Electrical Department also carries out independent Electrical study projects for various clients. One such project has been the Lightning Protection system design for BPCL LPG Bottling Plant at Nashik. As part of initiatives for renewable energy sources, Solar panels are now being installed on various building rooftops within the plant to harness the Solar Energy as part of the project itself. The department is also implementing land based 2 MW Solar Photo voltaic Plant at HPCL, Bengaluru.

Electrical Department has been contributing to the Green initiative through use of Energy Efficient electrical equipment and is utilizing LED light fixtures for all types of Indoor & Outdoor lighting and use of Energy Efficient motors & transformers for all projects.

All deliverables from the Department are par excellence and are furnished with the use of renowned software viz. Power System Studies E-Tap, Smart Plant Electrical (SP-EL), Smart Plant 3D Modeling (SP-3D) and various in-house software.

In line with the "Aatmanirbhar Bharat" & "Make In India (MII)" policy, Electrical Department has been actively involved in frequent interactions with domestic vendors, developing & guiding them, conducting vendor meets and enlisting indigenous vendors for various items viz. Numerical Relays, Electrical Heat Tracing, Variable Frequency Drives, Motors etc.

As part of the Nation Building initiative, Electrical Department has majorly contributed in the development & updation of various Indian standards for electrical equipment & systems. The members of the Electrical Department have been actively associated with various BIS Committees. The National Electrical Code (NEC), SP 30, a prestigious publication of the Bureau of Indian Standards is being formulated under the leadership of EIL. The standard will lay down a set of good practices and guidelines for selection of various items of Electrical System, Electrical Installations in buildings & for outdoor sites and general Safety Procedures & Practices in Electrical work.

Instrumentation

Instrumentation Division is always at the fore-front in adopting latest Digital Technology, as industry leader, synchronizing themselves with the technical and Scientific evolutions and advancements. Knowledge of appropriate utilization of relevant Indian and International Codes and Standards are ensured for providing a safe and secure environment in the plant while considering State-of-the Art systems to serve wide range of industries.

Your Company has footprints in Domestic & Overseas assignments for Design and Engineering of Instrument and Control Systems including Distributed Controls Systems (DCS), Safety Instrumented Systems (SIS), Fire and Gas system, Asset Management Systems for Instruments, Alarm Management System, Analyzer Systems, SCADA & Telecommunication, Building Management system & Access Control System including EV charging stations, Perimeter Surveillance System, field instruments etc. for plants.

Technologies like universal I/Os for ease of System Engineering and cable termination activity at site, Virtualized Server for DCS to ensure seamless updation of System Operating software as well as System Expansion and Cyber Security compliances based on IEC-62443 are incorporated in the system design using the skill, knowledge and experience of engineers to meet End-user expectation of optimum plant performance and reduced maintenance in various projects. High level of safety & security is ensured in the Control System Design through a team of certified Function Safety Professionals during execution stage along with SIL verification in accordance with IEC 61511/61508.

To ensure that the workflow and schedule does not suffer during the partial lockdowns / pandemic of COVID-19, the benefit of virtual platform has been fully exploited using cloud based detail engineering and conducting Factory Acceptance Test (Hardware and Software) of DCS/ PLC without having any physical presence.

Integrated Turbine and Compressor Control System with unified platform for Governor Control, Anti-surge and Performance control of large Turbine driven Compressor machines were introduced to ensure single platform considering the ease of operation and maintenance in HMEL Petrochemicals project. Plant Wide Centralized Machine Condition Monitoring and Analysis System (MCMAS) is implemented by EIL as centralized health monitoring and predictive maintenance platform in many Refinery and Petrochemical complexes as part of their Plant Design for numerous large sized Rotating Machineries spread across various units which are critical for the Plant operation.

To achieve Improved asset utilization, efficient processes, improved Productivity, IIoT w.r.t Digitization (Industry 4.0) technologies are adopted using wireless sensors for pump seal monitoring, rotating equipment health monitoring and acoustic sensors for exchanger performance, detection of PSV and Flare valves leak in MRPL BS VI, HRRL and GAIL PDH-PP. Uploading features of Heater/ Furnace stack Analysis data directly from Analyser to CPCB cloud using IIoT based blind data logger are implemented in multiple projects. Similarly, ETP effluent data analysis using TSS/ COD/ BOD / pH Analyser and integration of the same with CPCB are also being considered in the design.

As part of digitalization initiatives, a memorandum of understanding (MoU) is executed by EIL with CSIR-CSIO in the fields of common interest in area of industrial instrumentation and Automation including its commercialization including Earthquake Warning System (EqWS), Building Energy Management System (BEMS) and Heritage Structure Health Monitoring System technology (HSEMS).

Usage of very high size ASME certified non-API Safety Valves have been implemented in Projects like GGSPAP to optimize the number of Safety Valves in extremely high-capacity applications like quench tower so as to optimize Piping Manifold configurations, thereby reducing the Capex of the unit.

In Bio Refinery project, special items are being procured considering special applications, e.g. On-off valves with scraper seat design with high hardness material are considered in services with solid content in the fluid, to maintain proper sealing and long-term operation. Gas detectors for special chemicals like Furfural and Ammonia with PID (Photoionization Detector) type and Electrochemical type respectively are being considered.

Instrumentation department is contributing towards standardization, digitalization & end to end work flow integration of EIL. It includes integration of in-house PDSIS (Process data module) to Instrumentation specification sheet of procurement module as well as to Smart Plant Instrumentation Module (SPI).

Digital integration between various Smart suites for smooth data transfer between Smart PI&Ds, SPI and then to SP3D/E3D utilizing various integration tools is being implemented for Digital Project Execution in effective and non-disruptive manner. Development of Inhouse Web based software for Sizing of Control Valve and Safety Valve, installation Standard software for selection of optimum instrument installation standard for process application.

As part of strategic business development, EPCM services job for Telecom System Up-gradation of Mumbai-Manmad-Bijwasan Pipeline (MMBPL) & Bina-Kota Pipeline (BKPL) projects of M/s Bharat Petroleum Corporation Limited (BPCL), which were secured by Instrumentation was commissioned and handed over to M/s BPCL.

EIL for the first time designed a SCADA (Supervisory Control and Data Acquisition) & Leak Detection System (LDS) for a Water Pipeline for the HRRL refinery at Barmer where water is being sourced from the Indira Gandhi canal.

Instrumentation has been continuously engaged in the process of creating an opportunity leading to promotion of the Indian Manufacturing Industry arranging multiple vendor meets to make domestic manufacturers aware of their potential and also by enlisting Indian suppliers / system integrators who maximize domestic content by optimizing Original Equipment Manufacturers scope in high tech areas like DCS, PLC, Analysers, Metering Skids, Communication systems, Control Valves, Fire & Gas Detection Systems.

Project Controls

Project Controls (Planning and Scheduling) ensures effective and timely implementation of projects through detailed assessment of work quantum, meticulous planning, micro level scheduling and dynamic monitoring. The 'Planning and Scheduling' Department provides Planning, Scheduling, Monitoring, Risk Management and Material Control Services to various Projects using state-of-the-art tools and database. International software packages on project management along with a supporting set of in-house developed software packages are used for detailed planning and scheduling. The schedules are reviewed, updated and project completion outlook analyzed by planning engineers having vast experience in all phases of project planning in all sectors. Third Party Monitoring Contracts providing a whole range of independent planning, scheduling & monitoring services are also undertaken by EIL for projects being executed in India and abroad. Besides monitoring of Project Schedule and Cost, Project Controls also deals with the change management, devising strategies to remove the constraints resulting in Time and Cost Overruns, Analysis and Monitoring of Project Time and Cost Forecasts, Risk Management, etc.

Project Controls (Ministry Monitoring Cell) has also been providing Third Party Project Monitoring Services to the Ministry of Petroleum and Natural Gas for the last 40 years. The Key responsibilities of MMC is to serve as a Central, single point source of information, analysis (physical as well as financial progress) and reporting for all ongoing projects to the MoPNG. To seek clarifications from CPSEs, review, analyze and finalize the inputs for preparation of MMC reports. By implementation of web-based Project Monitoring Software with Dashboard called MMC Darpan, which MoPNG has now renamed as MoPNG Pariyojana, MMC has taken a giant leap into digitization and has not only changed the gamut of Project Monitoring Capabilities but also made available to the Stakeholders the Key Project Information sector wise, state wise, period wise, time and cost overrun details, etc. at a click of the button. Dashboard based Monitoring System has improved the efficiency in monitoring of the project, data storage, retrieval and handling of crucial project information. MoPNG Pariyojana has been widely appreciated and adopted by the MoPNG as well as all the Oil and Gas CPSEs' Management.

As per MoPNG directive, contract for enhancement of MMC Dashboard with existing systems of MoPNG as well as systems of other ministries and vice versa has been awarded with the aim to develop API based integration of application software with database and with seamless bidirectional flow of data. Work commenced for the customization of Dashboard/ creation of new input fields to match the data base of MMC Dashboard with OCMS Portal/ Software Applications/ Portals of MoPNG / Portals of Other Ministries/ Government organization/ e-Governance/ Systems/ open API etc. for the purpose of API based integration.

Cost Engineering

Cost Engineering Department provides Cost Related services for various projects in all fields of operations from inception to commissioning and beyond, for domestic as well as overseas jobs. Cost Engineering provides services such as preparation of Capital Cost estimates and Financial/ Economic analysis for diverse activities ranging from technology selection to preparation of feasibility reports and option study estimates for investment decisions pertaining to projects handled by EIL in various areas like Refineries, Petrochemicals, Fertilizer, Cross country pipelines, Power projects, Metallurgy, Mines, Strategic Storage, Offshore Oil & Gas, Infrastructure etc.

The Department provides cost estimates for procurement, assistance during price negotiation, cost monitoring and control during execution of projects under conventional and LSTK/OBE mode of execution. It also prepares cost estimates for bidding in EPC mode. Cost Engineering is also providing independent services like Project cost estimation, feasibility studies and review of the cost estimate prepared by others.

Supply Chain Management

EIL offers Integrated Supply Chain Management Services (including Supplier/ Contractor Registration & Revalidation, Contracting & Purchasing of goods/ services/ works, Expediting, Inspection, Logistics, Supplier/ Contractor Performance Review etc.) through its Supply Chain Management Division within the Commercial Directorate.

The Division, through its highly experienced and effective team of Supply Chain professionals, works closely with key suppliers and contractors across the globe and is tasked with developing a reliable and low cost supply chain, offering a comprehensive array of Procurement Services to the Clients with focus on customer delight. The Division has enough flexibility and agility to cater to the dynamic needs of various clients and Projects.

Being a CPSE, the Company's procurement policy and practices are guided by Government Policies and CVC Guidelines. Entire Procurement is carried out in consonance with Public Procurement Principles, viz., Transparency, Equity, Fairness, ensuring desired quality within the designated time frame at the most competitive prices and against aggressive competition.

Engineers India Limited has been at the forefront in adopting and implementing various policies of Government of India like Make In India, Startup India, e-procurement through GePNIC & GeM, Public Procurement Policy for MSEs, various other Purchase Preference Policies, etc.

During the year 2021-22, EIL procured ' 92 crore worth of goods and services from Micro and Small Enterprises.

Ordering highlights for Fiscal Year 2021-22

• '1963 Crore - Direct purchase and contracts on suppliers/ contractors for various LSTK/ OBE/ Depository projects.

• '107 Crore - Direct purchase and contracts for EIL In-house requirements.

• '17569 Crore for Projects where EIL worked as a Consultant

• '19639 Crore -Total Procurement

• 546 cases (MRs + Tenders) handled during the year

SCM is responsible for developing new suppliers/contractors and monitoring existing suppliers/contractors, thereby, ensuring the Quality and Value for Money with increased competition for its projects and provides a complete end to end Supplier Relationship Management for supplier/contractor related processes like Enlistment, Enhancement, Revalidation and Performance monitoring. EIL, with its robust supplier and Contractor Enlistment Management System, has been able to develop transparent, accountable system and processes, for development of manufacturing and contracting capacity within the country. Currently, 2447 Suppliers and 177 Contractors are enlisted with EIL for various goods and services. EIL is encouraging indigenous manufacturers to enhance their product portfolio and manufacturing capabilities and capacity in collaboration with their foreign principals.

During the year 2021-22, Procurement of goods and services through GeM portal is 34.03% and Procurement from Micro Small and Medium Enterprises is 13.28% (procurement of goods & services from MSEs for EIL's In-house requirement is 49.42% out of the total EIL In-house procurement.) Percentages are with respect to the overall procurement of goods and services by EIL for various client's projects executed by EIL as a contractor (LSTK / OBE jobs) as well as for EIL's Inhouse requirements.

In order to maximize indigenization, EIL has organized fourteen (14) Industry specific exclusive supplier / contractor meets including one specifically for MSE entrepreneurs to apprise them of EIL requirements and to address challenges faced by the suppliers / contractors. EIL also participated in 1 Special Vendor Development Programme for MSE-SC/ST in association with NATIONAL SC-ST HUB, Bengaluru.

SCM through its Inspection offices carries out inspection of almost all types of items required for a project. The Engineers are highly skilled in various testing techniques and have many certifications to their credit. They are well versed with National & International Codes and Standards and are technically qualified with internationally recognised certifications. Inspection is carried out at supplier's shop so as to avoid discrepancies after the material reaches site. This value addition helps not only in getting a quality product as per specification but also in trouble free operation of the plant after commissioning. However, in spite of great challenges due to Covid Pandemic situation during year 2021-22 with restrictions in movement, limited windows for manufacturing, EIL inspection team with their focussed expediting efforts could deliver majority of materials, equipment with desired quality within project schedule.

In addition to the above, there is a highly experienced team of logistics experts (shipping and allied activities) which helps in ensuring smooth flow of project material from Indian as well as global sources.

A few Major Highlights of Inspection during the year 2021-22 are:

• Inspection of '3158 crore worth of Equipment plus ' 2200 crore worth of cross country Pipeline (apprx. 1400 kms) during the Year 2021-22 comprising different sizes & thicknesses, complying to stringent technical requirements, for various projects of national importance.

• Inspection of Long delivery & critical equipment such as Crude distillation & vacuum distillation Columns for Rajasthan Refinery project.

• Inspection, Testing, Installation & commissioning of 9 units of MOP PSA for 7 number of Government Hospital in Karnataka under CSR initiative of EIL.

• Inspection & delivery of critical and complex metallurgy replacement Heat exchanger of RFCL in record time of 10 months.

• Enlisted suppliers in categories such as HVAC, 220 KV cable & Modular Piping rack for which limited suppliers are available.

• Launched ''Type Test Repository'' for Electrical Equipment to resolve Type Test related issues.

• In addition, Inspection of all types of Bulk materials, fabricated equipment , compressors, pumps, packages, motors, UPS, Switch gears, DCS etc. for various units of HPCL- Rajasthan refinery & HMEL -Polymer Addition project & other projects, worth thousands of crores was undertaken during the year.

Construction

The Division offers services for Construction Management in totality including Contract Administration, Construction Quality surveillance, Feedback Analysis, Health Safety & Environment and Warehouse Management for various projects of EIL, withstanding diverse challenges and local impediments associated with climatic conditions, difficult terrain and space constraints etc. which are unique to the nature of the project.

During the year 2021-22, Construction Division continued to provide Construction Management Services for various clients at more than 63 diverse domestic projects and 3 overseas locations.

Concurrent prestigious commitments for the Division include Dangote Refinery at Nigeria, Vishakha Refinery Modernization Project (PMC & OBE) of HPCL, Rajasthan Refinery Project (PMC & OBE) of HRRL, Mongolia Refinery Project, LNG Chhara Terminal, Indo-Bangla Friendship Pipeline Project, PPU GAIL Pata, PH-II of HP Green R&D Centre Bangalore of HPCL, Slug Catcher Project Uran on OBE mode, Petrochemical Project of HMEL - Bathinda, BS-VI project of CPCL at Chennai (OBE), Bio Refinery Project, Dhobi Durgapur Haldia pipeline, NBPS-II Project of OIL, Jawar Deep project Mumbai, Indjet Unit of IOCL at Barauni, APL-Namrup, Jamnagar-Loni pipeline of GAIL, KSPPL Kochi, High Speed Rail Terminal at Sabarmati, Leh Airport, Crude Oil Import Terminal of NRL- Paradip, ETP Jhagadia of NCT, LNG Truck Loading facilities & balance works of LNG Dhabol Terminal of KLPL and Petronet LNG Building at Dwarka.

Construction activities commenced for the following new Domestic/ Overseas projects during the year:

• Consultancy Services of Panipat Refinery Expansion Project (P-25) of IOCL.

• Consultancy Services for 9 MMTPA Cauvery Basin Refinery (CBR) at Nagapattinam of CPCL .

• EPCM Services for 500 KTA PDH PP Unit with U&O facilities at USAR, of GAIL.

• PMC Services for LPG Cavern at Mangalore of HPCL.

• PMC Services for Dhamra Haldia Pipeline Project of GAIL.

• DCU Revamp Project at Numaligarh of NRL.

• EPCM Services for Coker-B Revamp of Barauni Refinery Capacity Expansion of IOCL.

• COT Mundra & AMPL Pipeline of HRRL.

• PMC services for Renovation of Khidkiya Ghat, Varanasi of IOA.

• Owner's Engineer for MDO and Evacuation facilities at Kurmitar Iron ore Mines of OMC.

• PMC Services for De-bottlenecking and augmentation of cryogenic facilities LPG Import Terminal, Uran of BPCL.

• PMC services for LNG Storage tanks at Dahej LNG Terminal of PLL.

• EPCM services for setting up of HPG-2,Butene-1 and PSA units of BCPL, Assam.

• PMC Services for new selected C₂C₃ product injection scheme in HVJ Pipeline at GAIL Vijaipur.

• PMC services for Evacuation of Natural Gas from ONGC's Ghandhar fields into HVJ-DVPL of GAIL.

• PMC Services for Nagpur Jharsuguda pipeline of MNJPL.

• Third party Assessment for Engineering review & Project Management for Fintech University, Jodhpur.

The Construction Division leverages its highly skilled and motivated team for establishing and monitoring adherence of Construction Quality Management system. The system advocates quality plans, inspection test plans and implementation of special processes for concreting, welding involving latest NDT techniques, Digital Radiography, Ultrasonic Test, Software for Piping Management System etc. during all phases of construction to ensure trouble free commissioning / operation of critical units.

The Construction activities for the following Projects/Units were completed during the year:

• Ramagundam Fertilizer Complex. The plant was successfully commissioned and is now operating at 100% capacity.

• EPCM Services for BS-VI of MRPL at Mangaluru.

• SRU revamping at ONGC Hazira plant on OBE mode.

• EPCM services for PDPP of BPCL at Kochi.

• EPCM Services for BS-VI Project of MSBP of BPCL at Kochi.

• PMC/EPCM services for Mumbai Refinery Expansion project of HPCL at Mumbai.

• EPCM Services for MR-II Project of HPCL at Mumbai.

• PMC services for New Campus Design and Development of IIM Nagpur.

• PMC Services for Re-Routing of Mumbai Manmad pipeline of BPCL.

• PMC services for Vijaipur Aurya Pipeline project of GAIL.

• Consultancy Services for Laying of Submarine Pipeline in Andaman & Nicobar islands.

The Construction Division implemented a host of innovative construction techniques and improvised equipment/machineries to minimize construction schedule across project sites. Some of them are as mentioned below:

• Erection of equipment in dressed up condition.

• Modular construction of Tech Structure, Piperack and Heaters.

• Use of Pre-fabricated/Bolted structures.

• Use of Auto Blasting and auto beveling machines.

• Use of monsoon shelter / hanging platform.

• Introducing extensive use of Auto UT/TOFD techniques as an alternative to hazardous conventional NDT method like radiography.

• Use of Digital Radiography.

• Use of Piping Management Software.

The Company's commitment towards adherence of world-class Health, Safety and Environment standards in the execution of projects was epitomized by the multitude of accolades received from clients, during the year:

• 50 Million LTI free man hours at HRRL(PMC&OBE), Barmer.

• 31 Million LTI free man hours at MREP,HPCL-MR, Mumbai.

• 21 Million LTI free man hours at BS-VI project of IOCL, Gujarat Refinery.

• 20 Million LTI free man hours at MSBP-BPCL, Kochi.

• 17.5 Million LTI free man hours at BS-VI Project, MRPL, Mangalore.

• 15 Million LTI free man hours at LNG Chhara Site.

• 8 Million LTI free man hours at NRL-DHDT Project, Numaligarh.

• 7.5 Million LTI free man hours at APL Namrup.

• 7.1 Million LTI free man hours at VAPL Auraiya.

• 7.1 Million LTI free man hours at IIM Nagpur.

• 5 Million LTI free man hours at BS-VI Project, CPCL, Chennai.

• 0.94 Million LTI free man hours at ONGC Uran Site.

Environmental Engineering

EIL has been providing solutions for Water Resources Management while protecting and restoring major water ecosystems. EIL has helped in enabling the adoption of innovative & integrated water and wastewater management for industries & municipalities. Reduction in fresh water intake of industries by reducing consumption in process units, ETP modernization/updation requirements and Maximizing the recycle & reuse of treated effluent has been an integral part of our design. EIL is committed to ensure compliance to all health, safety and environment requirements during delivery of products/services to customers. EIL has executed several hundred projects in diversified fields of Environmental Engineering, including water & wastewater treatment; Effluent Recycle & Reuse; Environmental Impact Assessment Studies; Sustainability Development initiatives, Environmental Feasibility Studies; Air Quality Assessment, Modelling & Control; Environmental Management Plans; etc.

Some of the Major Projects carried out by the Company during the year 2021-22 in Environmental field include the following:

• Adequacy study for 9 numbers of Effluent Treatment Plants (ETPs) of IOCL's Refinery and Petrochemicals (Panipat, Haldia, Gujarat, Barauni and Bongaigaon) for remediation of various problems being faced in the ETPs study has been completed. On similar lines, IOCL-Guwahati has also awarded the similar ETP Adequacy study job and the same is being carrying out.

• PMC Services for IOCL's Panipat Refinery P-25 Project including Water & Wastewater Treatment, Effluent recycle and Zero Liquid Discharge facilities.

• PMC Services for CPCL's Nagapattinam Refinery Project including Water & Wastewater Treatment and Effluent recycle facilities.

• PMC Services for GAIL Usar Complex Project including Water & Wastewater treatment, Effluent Recycle and Zero Liquid Discharge facilities.

• PMC Services for a Crude Oil Refinery in Mongolia including Water & Wastewater treatment and Effluent Recycle facilities.

• Water & Wastewater treatment facilities including effluent recycle & reuse to meet zero liquid discharge concept to minimize the fresh water consumption is being implemented for HRRL Rajasthan Refinery Project.

• Specialized Environmental Services for GAIL-Pata & Vijaipur Plants for Reclamation, Reuse & Zero Liquid Discharge of Treated Waste Water.

• Environmental Clearances from Ministry of Environment, Forest and Climate Change (MoEFCC) were successfully obtained by EIL for NRL's Refinery Expansion Project at Numaligarh, NRL's Crude Oil Terminal (COT) and associated Crude Oil pipeline at Paradip, Brahmaputra Cracker and Polymers Limited (BCPL)'s Expansion project at Lepetkata, Crude Oil Pipeline from Mundra to HPCL Rajasthan Refinery (HRRL) and 1G Ethanol Distillery Project of Hindustan Mittal Energy Limited (HMEL), Bathinda.

• EIL is already accredited by Quality Council of India (QCI) for carrying out Environmental Impact Assessment Study projects and the accreditation is valid upto 14th September 2022. EIL is accreditated in 13 sectors with 4 EIA Coordinators and 16 Functional Area Experts.

• As part of the Company's Sustainability Initiatives, EIL has already procured 10 number of e-bicycles for use of its employees for commuting inside its Gurugram campus and nearby areas. 290 kWp solar power plants are under pipeline for installation at EIL Gurugram Office. EIL has minimized water consumption in its premises by installing water saving nozzles. Biodiversity Development (Phase-V) Programme has been completed which involved plantations of different varieties of plants. A Pilot plant has been installed at EIL-Gurugram office to study recovery of VOC from effluent using biological culture.

Research & Development

The Government of India has launched various initiatives such as Make In India and more recently Aatmanirbhar Bharat with the aim of propelling the nation towards becoming a technological hub. This is where Research & Development has a vital role to play and EIL-R&D has always been in the front line when it comes to making India selfreliant in the area of Oil, Gas and Energy through the development of technologies at its Gurugram R&D Centre. In this age of energy transition, EIL R&D has taken various new initiatives to chart out a path for transiting the nation towards Net-Zero by 2070 while at the same time ensuring new business lines for the Company.

EIL R&D also remains fully committed to GOI's Flagship program for nurturing the Start-up Eco System within India by steering EIL's startup initiative "EngSUI". Under EngSUI initiative EIL R&D is also providing technical support to Startups

On Licensing front, EIL R&D has recently secured work on License,

BEDP & other related services for Sulphur Recovery Unit (SRU) and two LPG treating units from Numaligarh Refinery Limited.

EIL has also underlined its commitment to develop World Class technologies through collaboration with other research institutes. It has executed MOUs/MOAs for development and commercialization of technologies with DBT-ICT, CSIR-IIP, BPCL-R&D, etc. EIL R&D has on- boarded a few more Institutes - IIT Bombay, NIT Meghalaya and NIT Jalandhar in its EngSUI initiative. For further strengthening its technological base, EIL has inked an MOU with CSIR-IIP for development of Joint Technologies in areas of Aviation Turbine Fuel (ATF) from used cooking oils, Tree Borne Oils and basic engineering and scale up activities for an oxygen generation plant.

This year has been a very good one in terms of securing Intellectual Property Rights with filing of six (6) new patents during the Financial Year 2021-22 and grant of two (2) patents filed in previous years. Three (3) new Trademarks pertaining to in-house Technologies were also applied for in this Financial Year. Two (2) Trademarks have also been granted during the year.

During the year, R&D Division has undertaken the following initiatives for development of new capabilities and up-gradation & commercialization of existing capabilities:

Technology Development Projects

R&D Division is constantly monitoring the emerging technology contours and undertaking new initiatives in the area of technology development. Some of the new projects initiated and ongoing projects are as below:

New Projects Initiated

• Development of Technology and Preparation of Process package for conversion of Furfural to Furfuryl Alcohol through Hydrogenation.

• Development, design and procurement of PVSA based Oxygen generation demonstration plant.

• Development of web based modules for R&D developed software.

• Development of BIO-JET ATF Process and Preparation of BEDP in collaboration with CSIR-IIP.

• Scale up of R&D's patented novel chimney type air distributor to commercial scale fluidized bed gasifier.

• Development and commercialization of Divided Wall Column (DWC) technology with BPCL R&D and case studies to establish the benefits of DWC technology for different applications.

Ongoing Projects

• Coal to Liquid Fuels (CTL) - Technology development including operation of CTL pilot plant and data collection.

• Development of catalyst and process for slurry phase residue hydrocracking.

• Development of above ground sulphur seal.

• Development of Oxygen Enrichment Technology for up to 45% capacity.

• Catalyst Development and Reactor design for methanol to DME technology.

• Development of 3D CFD model for fluidized bed coal gasifier.

• Optimization of sulphur plant for 99.9 wt.% overall sulphur recovery.

• Scale up of 3G Algal Biofuel production with DBT-ICT.

• Setting up Catalyst Testing / Evaluation facility at EIL R&D.

• Development and Analytical testing for Hydrocarbon and Water/Waste water samples.

• Process development for Divided Wall Column.

• Basic design and engineering package for an efficient and cost effective commercial scale amine purification.

• Development of process for recovering ammonia from refinery sour gases.

• Hydrogen production through photolysis/photocatalytic water splitting.

• Development of Data Bank for potential coal gasification.

• Development of Effluent treatment process based on Hydrodynamic Cavitation technology

• Updation of Steam jet Ejector Design Software.

• Conducting study for reliability improvement of existing Sulphur Recovery Unit at IOCL Guwahati Refinery.

Technology Commercialization Efforts

Considerable efforts are being made for Commercialization of technologies. Some of these include:

• Study for reliability improvement of existing Sulphur Recovery Unit at IOCL Guwahati Refinery.

• Supply of Basic Design Engineering Package (BDEP) for LPGTU 1&2 for NREP NRL, Numaligarh based on EIL's proprietary technology EngTreatL.

• Development of Process Scheme for Reference Fuel for CHT.

• PFR for MRPL on Bio-Jet ATF plant.

• Exploring with NRL for jointly implementing the process "Conversion of Furfural to Furfuryl Alcohol through Hydrogenation Route" in its bamboo based Bio Refinery plant.

• Preparation of BDEP for production of aqueous ammonia (25 wt%) from refinery sour gases.

• Preparation of BDEP for implementing amine purification technology at IOCL Panipat refinery at a capacity of 12500 kg of HSS per day.

• CDU-3 Desalter performance study at BPCL, Kochi.

Initiatives taken for expanding Technology Portfolio

Apart from carrying out research in-house, EIL has always been instrumental in realizing synergistic potential by forging relationships with other research organizations and educational institutes. Our Honorable Prime Minister has already sketched an outline for India's energy map with comparison to "Chariot of Sun God" with key drivers (or horses) such as acceleration towards gas-based economy, thrust towards domestic bio-fuels, inclusion of Hydrogen as key fuel and digital innovation across all energy systems. Further, keeping pace with technological innovation and focus on R&D towards developing efficient, reliable, green and environment friendly technologies will be one of the key drivers for achieving Aatmanirbhar Bharat.

To take advantage of research being done by various international research consortia, EIL has taken following initiatives:

• EIL has inked a Memorandum of Agreement (MoA) with ICT for joint development of technology for large scale cultivation of algae and extraction of value-added products.

• EIL and CHEMPOLIS have entered into a Strategic Alliance for Green Technologies, Cellulosic 2G Ethanol technology .

• EIL and ETPL have entered into a Long-term Strategic Alliance for Marketing, Supply & Development of Innovative Proprietary Items for LPG treating unit and Oxygen Enrichment Technology.

• EIL has executed a Collaboration Agreement with BPCL for Marketing and Licensing of Divided Wall Column Technology.

• EIL has executed an MoA with CSIR-IIP for Development of Bio-Jet aviation fuel technology.

• EIL has entered into an agreement with CSIR-IIP for joint development of Demo Scale Oxygen PVSA Plant.

• MOU between IIT Bombay and PSU Oil companies for Centre of Excellence in Oil, Gas and Energy (CoE-OGE) has been fully operationalized and several Mission Mode Projects of critical relevance to the oil & gas sector are being funded by CoE-OGE.

• MOU between EIL and NRL was signed for development of joint technologies.

Patents / Trademarks filed/granted

Continuing with the tradition to safeguard EIL's intellectual property and further commercialization interests, following 6 patents were filed during the year:

• A multiphase reactor system with enhanced mass transfer and heat transfer.

• A novel stirred reactor with enhanced heat transfer arrangement.

• A pressure reduction device with heat recovery system.

• A method for condensing discharge vapours in steam jet ejector vacuum system and a steam jet ejector vacuum system for the same.

• An Apparatus and method for conditioning fuel.

• Apparatus and method for purifying and deodorizing industrial waste gases.

The following 2 patents filed earlier have been granted during the year:

• Patent No. 370303 : A system and a process for efficient energy recovery from low temperature heat source.

• Patent No. 391397 : A process for production of hot water, chilled water and electricity using solar energy.

Trademarks Applied

Applications have been made for registration of Trademarks for following technologies to enhance the brand image of the Company:

• EngFuOH

• EngExDoor

• EngRT-Htr Trademarks Granted

The following Trademarks have been granted against past applications and those filed during the year:

• EngDMS

• EngFuOH

Information Technology Services

Information Technology Services (ITS) Division continued to make advances, providing high-tech IT enabled services to EIL's mainstream activities by developing/ implementing IT solutions to deliver better quality services with emphasis on increased efficiency and improved productivity.

ITS has initiated major steps towards the critical activity of de- perimeterization of activities as well as IT-enabled business continuity in safe and secure manner. ITS has also adopted and enabled smart platform in seamless Engineering activity through cutting-edge technology in pursuit of operational excellence, enhanced productivity & competitive edge. Adoption of technology at every activity has ushered in new way of doing business in the Company.

ITS Provides services in two different areas:

• Technological interventions in the areas of Infrastructure facilities/device considering connectivity and Cyber security and data security as key components.

• Digitalization of work processes through Applications and Portals to ensure seamless & automated functioning within the Company as well for the external stakeholders. These activities also help in achieving sustainable goal

Major achievements under both the areas are indicated below:

Infrastructure Up-gradation

• EIL has adopted Device as a Service approach for procurement of new devices keeping in mind continuous upgradation of technology and responsible device usage. The upgradation will enhance user experience and adoption of technologies.

• Established complete de-perimeterization with suitable centralized IT infrastructure allowing flexible access within office premises and outside.

• State-of-the-art disk-based backup system with remote replication for enhanced protection and availability of all business data along with the applications has been implemented, to address seamless back up flow.

• Rolled out smart platform across the complete Process and Detailed engineering functional value chain on prestigious projects.

Security

• In an effort towards continual improvement and meeting best practices, ITS has also achieved ISO 27001:2013 Information Security Management System recertification /certification for the operations and management of the data centres at Delhi and Gurugram respectively.

Usage of Virtual tools

To address need of seamless interaction in safe way, Videoconferencing facilities have been enabled within premises and for employees using cloud-based virtual meeting services along with matching hardware facilities. The connectivity enhancement from anywhere approach has been adopted in office premises by enabling complete wi-fi connectivity.

Digitalization of work processes through Applications and Portals initiatives undertaken by EIL in this year are enumerated below:

Compliance towards various Government Directives / National Importance

• Implementation of Specified Person(206AB and 206CCA),TCS on Sale of Goods(206C (1H)), TDS on Sale of Goods(194Q) in Vendor Payment System.

• Implementation of Amendment in Rule36(4) of the CGST Rules related to availment of Input Tax Credit (ITC) in Vendor Payment system.

Digitalizing Internal Workflow

Following software were developed to digitalize the internal processes of EIL:

• DESMIX (Design of steam jet Ejector) for design of Steam Jet Ejector system. This has been validated against experimental data generated on the three-stage high vacuum, high-capacity steam jet ejector pilot plant set up at R&D Centre, Gurugram.

• Vigilance Complaint Management System for handling External and Internal vigilance complaints to promote transparency and probity in all its activities and create an environment of fairness and ultimate integrity. Integration and development of digital signature (Aadhaar based e-Sign) in medical claims for regular and retired employees.

• HSE Lesson Learnt Management System to facilitate Construction employees to post their lesson learnt in site which may lead to improvement of EIL working.

• Piping Input Management System for coordination among Piping, Structure and Site for structural pipe supports.

• Web based SOR application for Item Rate Tenders implemented along with new SOR library.

• Instrumentation Installation Standard digitization is under implementation.

• Instrumentation Control valve and Safety valve sizing software.

• Web based Electrical Cable Management application.

• Software for Raj Bhasha Progress reporting system.

• Digitization of HR and F&A workflow includes development/ enhancement/ implementation of Online Immovable Property Return, HRA Brokerage Claim, WFH Furniture Claim including Integration with Asset Register / Payroll, Relocation claims (on induction / separation), Paperless LTC final claim, Paperless travel Portal & IND-As expected credit loss.

Development of IIoT tools

Leveraging its considerable experience of design, engineering and optimization, digitization capability, EIL has developed applications for enhancing Client's operational efficiency. Recently various applications have been rolled out for commercial usage alongwith R&D including:

• EngRT-Htr (Fired Heater Real-Time Optimization) to facilitate automatic online monitoring and control of heater parameters so as to operate the equipment near to its design efficiency and also to protect the equipment/auxiliaries.

• EngRAGE- A tool for plant data reconciliation & gross error detection which resolves inconsistencies in overall material balance, helps in equipment monitoring, instrument maintenance, plant wide yield balance and can achieve better process control.

Creation of Digital Twin

Building of Digital Twin for the new VRMP and HRRL projects are being spearheaded by ITS. As a first step, Digital Plant asset is being created by integrating complete plant information like Design Data, Documents and 3D models from multiple stakeholders on the leading Digital handover platforms in the industry. Both these projects are in advanced stage of implementation.

Automation for MoP&NG

• An application has been developed for online approval of GTE (Global Tender Enquiry) portal for tenders upto '200 crores by MoPNG. It is being used by all PSUs/JVs of MoP&NG.

• EIL ITS was instrumental in planning and guiding through Creation of Lakshya Bharat Portal for Ministry of Petroleum & Natural Gas (MoP&NG). This software which is being used by all stakeholders under MoP&NG aims to capture the procurement plan of all companies under the Ministry and act as data repository of the procurement action already carried out. The portal is developed to sensitize about the market potential.

Interfacing External Customers with internal processes:

• Homegrown Engineering Document Management System (EngDMS) is in use for all EIL projects. The migration of data for all the projects from the old system to EngDMS has been completed for all projects. With this EIL has built tremendous capability to develop document management system even for internal and external stakeholders.

• New Feature for auto-publishing of as-built documents (both submitted by Supplier/Contractor as well as generated by EIL) on Client Portal and Construction Portal has been incorporated in EngDMS.

Marketing & Business Development

Your Company has strategized itself in the Hydrocarbon sector and is providing its range of services in new geographies as well in core and diversified sectors. Your Company has initiated tie ups with licensors/ vendors/collaborators, thereby augmenting the business portfolio in sunrise sectors. EIL is consistently mapping the evolving market scenarios, disruptive technologies and developing strategies required for envisioned growth of the Organisation. While focusing on core hydrocarbon sector, EIL is also seeding ideas and exploring business possibilities with new and potential clients in core as well as in new areas. EIL has made significant suo-moto initiatives to offer prospective clients with opportunities for improving performance by means of Energy Optimization, Yield Improvement, Refinery Petrochemical Integration, Pet-Coke Gasification for Refinery- Fertilizer Integration, Bottoms Upgradation, Coal Gasification, Bio Fuels, Green Hydrogen etc. In line with the GoI plans for Refining Capacity expansion from the present 249.9 MMT to 443 MMT by 2030, the OMCs are considering expansions of the Refineries and EIL is actively involved in carrying out comprehensive studies for setting up new projects in Refinery/ Petrochemicals, Speciality chemicals sector, Bio Fuels sector and Hydrogen sector.

As a part of its Geo Strategic Outreach programme, your Company is in dialogues with prominent client countries under the Bilateral Framework arrangement of Govt. of India to provide its services in the Hydrocarbon and associated infrastructure sector. EIL has actively participated in the Working Committee for Refining or Petrochemical Outlook, Coal based Gasification initiatives and has contributed to various policy formulations of GoI. Your Company has been a part of the Working Committee formulated by Ministry of Steel and Ministry of P&NG for enhancing Domestically Manufactured Steel in the Oil and Gas Sector in India.

Aligning with the Govt. of India's vision for promotion of biofuels and in sync with the "National Policy on Bio Fuels 2018", your Company is making efforts for Strategic Progress in the Bio Fuel Sector. EIL has bagged the prestigious and one of its kind Assam Bio Refinery Project, being executed at Numaligarh with bamboo as a feedstock. This Bio Refinery at Numaligarh will be the largest among 12 such refineries proposed to be set up across India.

Your Company entered Coal Gasification by securing an assignment for Pre-project activities and providing consultancy services for setting up of Surface Coal Gasification based Ammonium Nitrate Plant at Majri Area, for Western Coalfields Limited (WCL), Maharashtra. Your Company has been able to make headway in Hydrogen Sector by securing a Study assignment from GAIL for Hydrogen Blending in Natural Gas Pipeline / CGD Network, Conceptual Study from NICDC for Setting of Green Hydrogen Facility in Dholera Special Investment Region (DSIR) and assignment from BORL for LEPC Selection, Feasibility Study & Basic Design of OSBL Facilities for Green Hydrogen Electrolyser and associated systems at BORL, Bina.

Your Company believes in delivering excellence and as a part of enhanced value creation, it has been in continuous dialogue with various licensors/technology providers, Start Ups with the objective of collaboration and provision of a bouquet of niche services to the owners. Your Company has initiated business development activities in sectors like Bio Fuels, Green Hydrogen, Water and Waste Water Treatment, Urban Infrastructure like SMART Cities, Data Centres , LNG Terminals, Ports and Harbours, Defence, etc. as a part of possible diversification initiatives. EIL conducted a Strategic Roadmap Workshop in October 2021 which was attended by all Functional Directors on Board to brainstorm for various new ideas, narrow down on future strategies and formulate EIL's growth plan & trajectory. Your Company is committed and focused towards enhancing the footprint of EIL and is augmenting its current business portfolio through a sustained seeding exercise mechanism and extensive outreach approach.

HSE Management System

Your Company sustained its ISO 45001 (Occupational Health Management System) and ISO 14001 (Environmental Management system) certifications by successfully passing through the third party audits during this year. Apart from ensuring effectiveness of the HSE Management system, these certifications provide an edge in securing business, especially overseas.

An independent department (Corporate HSE) audits the HSE Management system of all divisions/departments including construction sites. The results of these audits are reported to the Management through Management Review Committee Meetings. Apart from other Agenda, the performance of the HSE management system and opportunities for improvement are presented to the Management in these meetings. A number of improvements pertaining to Health, Safety and Environment are triggered and addressed through these meetings. Digitization of Employee Claims, Organizing Health camps, Health talks, Improvement in safety processes are few examples.

On the Engineering front, HSE aspects that are to be addressed in the design engineering phases are built into the procedures/specifications of various engineering departments. Exhaustive HSE checklists are in place to ensure that these aspects are complied positively during process design and engineering phases.

Being a renowned engineering consultant in the hydrocarbon sector, your company deploys proven risk assessment methodologies like HAZOP, RRA, QRA and SIL to ensure the process safety of the plants being designed.

On the office infrastructure front, your Company is continuously making efforts to provide a Healthy, Safety and Environment friendly work place to its employees.

On the construction front, the specification for HSE Management at construction sites, which specifies the HSE requirements to be complied by construction contractors, has been revised during this year in line with the current trends and to improve the HSE performance. Award to construction sites based on HSE performance, Issue of appreciation certificates in best performing construction contractors, are a couple of other examples of improvements implemented during this year. Your Company celebrated National Safety Week across its offices and sites and the celebrations were used as a platform for improving safety awareness amongst the employees. Apart from the rating system for construction sites, your Company has introduced HSE award mechanism for Individuals. The objective of these reward mechanism is to foster and promote the culture of Safety. To enhance your Company's HSE competence, employees have attended various trainings in HSE domain, namely, ISO 45001 Auditor certification, ISO 14001 Auditor Certification and other special trainings specific to construction safety.

A quarterly HSE Newsletter is being issued to all employees to communicate the happenings on the HSE front.

Quality Management System

Quality is inbuilt into the processes, workplace, deliverables and services of your Company. Quality Management System of the Company is being reassessed through External Audits across the company for continual conformance to ISO 9001:2015, by third party certification agency. During the year, your Company was audited and reassessed during re-certification audit and declared conforming to International ISO 9001: 2015 standard. The current Certificate is valid up to 13.10.2024.

Important ingredients of our quality initiatives are effective & comprehensive Internal Quality Audit process, planned customer perception surveys, analysis of feedbacks from stakeholders and regular reviews & directions from the Management Review Committee (MRC). The MRC is chaired by the C&MD with all functional Directors being members. Regular monitoring is being done to analyze the data & feedback for recommending improvements in processes, deliverables and QMS to reduce costs, shorten cycle time, address cross functional issues, improve visibility and credibility. QMS implementation and its effectiveness have been further increased by using in-house developed software. During the COVID-19 pandemic, your Company used digital channels namely Video conferencing, Digital sharing / verification of documents to conduct audits and to ensure compliance to Quality Management System.

The Quality Management System of EIL's Abu Dhabi office was also separately audited and reassessed during re-certification audit and declared conforming to ISO 9001: 2015 standard. In addition, the Company participated as a prominent and active member in various committees for formulating quality system standards under the aegis of Bureau of Indian Standards. Quality Management System provides a competitive edge in securing and executing projects with focus on full customer satisfaction. A digital newsletter "Eminence" is being issued to all employees, to promote awareness and to improve the Quality Management culture. As a new initiative to drive system improvement, your Company has initiated the process of implementation of Quality Circle and Six Sigma certification across the Company. This would be a great step toward achieving one of the five pillars of growth of your Company i.e. 'Operational Excellence'.

Risk Management system

The objective of the Corporate Risk Management function is to ensure sustainability of the organization by professionally managing the Enterprise Risks. Enterprise Risk Management (ERM) involves identification, assessment, analysis, mitigation and monitoring of the Risks. The ERM system of your Company performs the above- mentioned Risk Management activities across the business functions of the organization. EIL's Risk Management framework is based on ISO 31000 (Risk Management Principles and Guidelines) and meets regulatory requirements namely SEBI LODR, Companies Act 2013 and Department of Public Enterprise (DPE) Guidelines. Risk Management process has also been integrated with the Quality and HSE Management System requirements as per ISO 9001:2015 & ISO 45001:2018 standards. The Risk Management framework of your Company is overseen by the Risk Management Committee of the Board. Key risks across various business processes namely Procurement, Construction, Project Management, Business Development, Cyber Security, Human Resources, Legal, Accounts & Recovery have been identified.

Changes in the Key Risks are approved by the Risk Management Committee of the Board. Mitigation plans are in place for these risks and deployed across the organization. An independent group (Corporate Risk Assurance) audits the compliance verification of these mitigation action plans regularly and the results are presented to the Risk Management Committee of the Board. Your Company uses its inhouse developed software package 'Enterprise Risk Management System (ERMS)' to conduct these audits across multiple locations and departments. Being a Project Management organization, Project Risk Management framework has been put in place so that project specific risks are identified, assessed and mitigated. Regular Risk Management meetings are conducted and reports are issued to the stakeholders.

The status of Enterprise Risk Management (ERM) & Project Risk Management (PRM) System is presented to the Risk Management Committee of the Board regularly. A digital newsletter 'Risk Screen' is being issued to all employees, to promote awareness and to sustain & improve the Risk Management culture. The newsletter covers case studies, survey reports and best practices on Risk Management apart from apprising the employees on the Risk Management updates within the company. Employees across all levels are being continuously trained on Risk Management to improve awareness levels and increase their contribution and improvement towards the Risk Management function. EIL is continuously improving its risk management capabilities in order to protect and enhance the interests of its stakeholders.

Vigilance

The objective of the vigilance function is to ensure highest level of integrity & transparency in the Company. EIL has a Vigilance Department, which is headed by the Chief Vigilance Officer. The department acts as a link between EIL and Chief Vigilance Commissioner and also advises the Company on all matters pertaining to fair and transparent operations of business. The Vigilance

Department takes preventive, punitive and participative measures, with emphasis on the preventive and participative aspects, and also helps in establishing effective internal systems and procedures for minimizing errors.

• During the year, various effective systemic improvements have been suggested to ensure transparency, efficiency, automation of processes. Review of policies and procedures were carried out which can help in ensuring all-round good governance. Some of these systemic improvements are:

¦ All Tenders above ' 50 Lakh are to be mandatorily issued on open tendering basis barring few exceptions.

¦ No investment of EIL PF Trust Fund should be made in unsecured instrument under private sector under any category of EPFO investment pattern was suggested by Vigilance. This will help in reductions of possible risk of such investment. It was also suggested that due diligence shall be ensured during process of approval of investment in EIL PF Trust and proper records for same shall be maintained. Also requisite records with regard to transparency in process of engagement of arrangers/advisors shall be maintained.

¦ Vigilance has got "Media Publication Portal" introduced to bring in better transparency in work awarded to empanelled advertising agencies.

¦ Suitable charges for space utilization by Vendor/Contractor and a comprehensive checklist system have been implemented for proper management of contracts.

¦ Earlier, there was no Online Vigilance Complaint Management System but to bring in more probity and transparency and leverage technology in the digital era, the need of Online Complaint Management System was emphasized and such Online Portal has been developed and implemented.

¦ Appropriate systemic improvement to be undertaken by EIL Management to avoid unauthorized subcontracting in future and to ensure strict compliance to the provisions of contract.

• The Vigilance Awareness Week (VAW-2021) was celebrated with a series of programmes on the theme 75:ir; Independent India @ 75: Self Reliance with Integrity". The observance of the Vigilance Awareness Week commenced by taking the Integrity Pledge by EIL Employees at the Corporate Office and all its work centers. C&MD EIL inaugurated the VAW- 2021 and she emphasized on EIL's mission to maximize creation of wealth, value and satisfaction for stakeholders with high standards of business ethics aligned with national policies.

• An overwhelming session was arranged by Vigilance wherein Addl. Secy, CVC delivered a speech on the topic "Accountability, Integrity and Trust - Basis of Good Governance", which was appreciated by all. E-talks on various relevant topics of Vigilance functions were given by Director (Comm.), Director (Projects), Director (HR) & CVO. Several other programmes including workshop on Prevention of Sexual Harassment at workplace and supplier/ vendors meet to create awareness were done during the Vigilance Awareness Week. Awareness of Public Interest Disclosure and Protection of Informers (PIDPI) was widely publicized during the week.

• Various routine vigilance activities such as in depth examination of complaints, detailed investigation, recommendation of penalties, systemic improvements etc. were done during the year. Based on Vigilance recommendation, EIL & its clients both got benefitted by way of affecting recoveries. Vigilance clearances (~1800 nos.) for various purposes, including for Board level appointments were given during the year by Vigilance section. In order to enhance awareness amongst employees, Vigilance awareness programs/ trainings were also arranged during the year where more than 250 nos. employees participated. CTE Type Intensive examinations (8 nos) were also done during the year.

Vigilance continuously endeavors to ensure fair and transparent dealings through leveraging technology and recommending systemic improvements in line with guidelines issued by the Central Vigilance Commission from time to time.

Summary of investigative complaints handled by Vigilance during the year 2021-22 are given below:-

Finance

The Company continued its strong cash generation driven by business performance. The efficient financial and cost management system continued to facilitate cash generation as well as creation of wealth. EIL optimized the returns on cash reserves by deploying cash surplus in safe and liquid instruments as per the approved investment policy of the Company.

Internal Audit

The Company has an Internal Audit Department having competent professionals. During the year, major jobs and expense heads were reviewed by Internal Audit team with focus on checks and controls on systems, procedures, monitoring compliance and up-gradation of controls. Reports with observations are regularly submitted to Management and major findings are also presented to Audit Committee of the Board at regular intervals.

Corporate Management Information System

Corporate MIS Department (CMIS) having multi-disciplinary professionals endeavours to provide vital tools to the Management to improve Resource Engagements, Automation of Employee Centric Systems and Real - Time Management Information on Projects, Manpower and Future Workload aspects.

During the year, several automated software modules which captures and acts as a repository for important Project data and employee experience profiles have been launched by the Department. This resulted in minimizing errors, reducing effort, easy availability of key Project information and optimization of Resource engagement along with various automated reports for the Company Management.

Human Resources & Industrial Relation

Human resources are vital for any Organization to achieve sustainable performance in this dynamic environment. The Company values its human resources and is committed to providing them with an enabling environment which motivates, facilitates their growth and rewards them for their contributions. HR Directorate strives to develop workforce which is motivated, committed and aligned with the organization's strategic goals and objectives. To ensure an enabling work culture and an engaged work force, employee-centric policies and development initiatives have been adopted from time to time. The policies are regularly re-visited and updated to keep abreast with the changing work expectations and employee aspirations.

As on March 31 2022, Your Company has 2710 employees, including 2419 professionally qualified employees. Approximately 3.50 % of these employees are located outside India, functioning in international work environments.

• Talent Acquisition

Your Company's Talent acquisition strategy aims at identifying and developing a well-qualified and effective talent pool to address both short term and long-term requirements. To meet our dynamic business needs diverse recruitment models are adopted with intake of fresh talent, domain specialists, and short term hiring through empanelled agencies, fixed term hiring and on boarding consultants/advisors. Planned job rotation has been implemented for optimum utilization of available human resources.

• Performance Management System

To enable a performance-based culture, your Company has in place a robust and transparent online process of Performance Management System that gives weightage to both performance & potential and ensures holistic assessment. The outcome of Performance Management System is used for career progression, performance related pay, training & development and succession planning.

• Employee Welfare

In the year 2021-22, various efforts towards enhancement of work life balance for employees were undertaken by your Company. During the ongoing COVID-19 Pandemic period especially during the severe second wave a number of employee welfare initiatives were undertaken in order to facilitate timely and effective treatment and ensure optimum medical facilities were extended to EIL employees and their family members.

A number of initiatives were undertaken, such as setting up of a dedicated COVID helpline to assist employees/Ex-employees during the pandemic. For extending emergency and quick assistance to EIL employees / family members various Task forces were set up during the pandemic to assist in accessing testing, hospital beds, oxygen and other essentials during lock down. For the benefit of employees/ family members staying alone, a COVID Isolation ward with all essential facilities (including doctors/ nursing support staff etc.) was set up at EIL Office Complex, Gurugram for employees needing quarantine facility.

To ensure the safety of employees, a number of COVID vaccination camps were organised at EIB and EIL Office Complex, Gurugram for the benefit of employees/ dependents /family members and support staff for a safe and secure working environment for all. Additional camps are being planned in the near future as well.

Number of online health talks were organised under Health Awareness and Life Enrichment Program to help employee deal with health and other issues. Network of hospitals and laboratories were also strengthened. In addition a comprehensive review of Medical Rules was also undertaken during FY 2021-22.

• Sports

Extending a supportive role in health and wellbeing of employees, EIL promotes a culture of sports by organizing weekend sessions and interdepartmental tournaments of various sports for participation in PSPB Tournaments. EIL organizes in-house sports like Table Tennis, Carrom and Chess facilities during lunch time and after office hours and weekend sessions of Badminton and Tennis. Employees are also encouraged to participate in marathons, cyclothon, and various trekking expeditions and sports tournaments at regional and national levels. EIL employees participated in PSPB Table-tennis (28-31st December 2021), Carrom (6-9th December 2021), Chess (7-11th March 2022) and Golf tournament (23-26th March 2022) during the year and secured second runner up position in Carrom (women team championship) and Table-Tennis (Veteran single championship).

• Training & Development

Being a Technology and knowledge driven Consultancy organization in its field, your Company firmly believes that training and development of employees goes a long way in enhancing competitiveness and ensuring sustainable growth. It is a considered view that improving and enhancing the competencies of its human capital, be it domain, functional or behavioral is the only way to help align individual goals with organizational vision.

EIL's Training & Development Division focuses on creating multiple learning opportunities for its people and a well-laid out Annual Training Calendar caters to various planned, customized and need- based interventions. The Annual Training Calendar (ATC) 2021-22 was prepared incorporating inputs from all the stakeholders. While domain programs of ATC were organized with the faculty support of in-house resources, behavioral skill & leadership - programs got organized with faculty sourced from Empanelled Agencies and Industry Experts.

Most of the training programmes of ATC 2021-22 were conducted in the virtual mode in view of the risks posed due by Covid -19 pandemic. In addition, to maximize the impact of learning objectives, a few need based programmes were conducted inperson such as Workshop on "Presentation Skills", "Synergia"- Team building intervention across levels i.e. from entry level to Divisional Heads, in one batch.

Various training interventions taken by Training & Development Division for employees during the FY 2021-22 are as detailed below:

¦ External Nominations

Employees participated in various external Training Programs, Meets, Summits and Workshops which were mostly held in virtual mode. Training & Development Division processed 113 nominations during the year, including nominations for Paper Presentations at Indian and International Conferences.

¦ Domain Training Initiatives

Strengthening domain and technical expertise provides huge

competitive advantage to EIL. Training & Development Division facilitated enhancement of these capabilities through structured domain-based training programs of the ATC. These trainings were conducted through online platform and by in-house faculty resources.

¦ Industry Training Programs

Your Company continued its endeavors to strengthen its position as the Knowledge Partner to the Industry and identified training as the opportunity to engage with its external stakeholders. Technical Training Programmes were organized for various national and international clients in the Oil & Gas, Hydrocarbon, Fertilizer sectors providing conceptual knowledge and industry specific solutions. These courses were designed in collaboration with the client organization and covered multiple technical topics ranging from HAZOP, Project Management, Engineering and Commercial Domains pertinent to the Oil & Gas and Infrastructure Industry. In-house faculty possessing specialized technical knowledge and vast experience provided inputs in these interventions. A total of 25 nos Industry technical trainings were conducted in FY 2021-22 which were attended by total 1018 participants from various public and private sector organizations.

¦ Leadership Development Programs

Aarohan: The Leadership Journey of Batch 12 of Aarohan culminated on 26 August 2021. During the programmes, participants were divided into six teams and each team was assigned an Action Learning Project (ALP) relevant to the Organisation. The journey also included various developmental inputs at the group and individual levels. The ALP teams were awarded certificates of participation by the Management on successful completion of the programme.

¦ Soft Skills/ Behavioral Programs

EIL leveraged the online platform and organized behavioral programs under the following Competency Clusters viz. Access (l12), Climb (L13-15), Build (L16-18) and Aadhar (L1-9).

Following are some significant Soft Skills/ Behavioral Programs that were held during FY 2021-22:

> Mentoring & Coaching

> Communication in Leadership Roles

> Plan Better Deliver Best

> Feedback & Counselling on Performance Management

> Power of Positive Attitude

> Saksham

> Creating Winning Teams

> Drive for Results

> Express to Excel

> Customer comes First

> Changeis Good

¦ Skill Development Initiatives

In order to give fillip to Government of India "SKILL INDIA MISSION", Training of Apprentices was undertaken as per the Apprentices Act 1961, notwithstanding Covid-19 pandemic situation, all possible efforts were made to ensure that learning of apprentices continued despite the challenging scenario. Learning interventions were organized in both online and offline mode with the aim to make the apprentices more employable.

• Special Interventions

To create awareness about cleanliness and hygiene amongst EIL employees, Short Videos of Employees' Children reciting slogans/ poems and Essay Competitions on Swachhata were organised during the observance of Swachhata Pakhwada. Three exclusive Webinars on "Swachhata (Cleanliness)"were also organized for EIL HO & Gurugram Offices, Regional Offices and Branch Office and Site Offices.

• Mentorship Development & Other Initiatives

Mentorship Development: With an objective to foster professional relationships and provide a forum for offering constructive advice to support the career development of new joinees, Mentorship Development Programme is in place wherein trained mentors are assigned to the newcomers (mentees) in the ratio of 1:3 (Mentor: Mentee). A total of 111 mentees who joined EIL since 2019 have been assigned mentors during 2021-22. Structured interactions were encouraged and quarterly monitoring of the meetings were undertaken to ensure alignment with the objective of the Programme.

Mother to Mother (M2M)

In order to ease the re-entry of new mothers into the work space after the maternity leave, Mother to Mother (M2M)- New Mother Mentoring Programme initiative was undertaken that facilitated one-on-one advice to the new mothers with children up to 2 years of age by more experienced working mothers. 15 Mentors have been assigned to 35 Mentees wherein the Mentors interact regularly and provide guidance, encouragement & support to the mentees. The interactions focussed on creating a balance between work and home priorities, refocusing on career and inculcating a problem solving approach amidst the challenges and the concerns pertaining to parenting.

HR Initiatives

Assessment Development Centre for Senior Management employees was conducted for 64 EIL officers through empanelled agency.

HR Audit: In order to recognize strengths and to identify any need for improvement in the HR functions, HR audit for 4 HR function areas were conducted and corrective actions were implemented.

HR Annual Report 2020-21 was compiled with an objective to showcase the achievements of various divisions of HR Directorate during the year 2020-21. The report is a compilation of various initiatives, interventions and accomplishments of the HR Team.

• Annual Awards 2020-21

With an aim to encourage, inspire and enthuse employees, Annual Awards were presented to employees under following different award categories on 15th August 2021:

? Best Employee in Staff Category : L1-5

¦ Best Employee in Staff Category : L6-9

¦ Executive of the year : L 12-15

¦ Individual Innovation: L12-15

¦ Individual Innovation: L16-18

¦ Team Innovation

• Youphoria Initiatives

"YOUPHORIA"- The Youth Engagement Platform for Millennials, Engineers India Limited successfully organized a Debate Competition-"Urjaa Samvaad" for officers below the age of 35 years.

To further enhance our efforts towards creating an engaging and enriching learning experience for our internal and external stakeholders, a competition Name It Nail It was also organized for Millennials which aimed to give suitable nomenclature to the Training & Development Centre as well as the Training Halls, Classrooms and Auditorium of Engineers India Limited.

To sustain and enhance the competitive edge of our human resources and keep abreast with Industry trends and practices in the current as well as avant-garde areas of Technology, Management and Leadership, EIL has taken the initiative of organizing 'SUVIGYA VYAKHYAAN SHRINKHALA' - the Expert Lecture Sessions on monthly basis by eminent personalities from Industry and Academia. 04 nos. Lecture sessions/ Expert talks were organized during December 2021- March 2022, which were highly enriching. Details are as under:

S. No Topic/Theme

1 Think Innovation, Think R&D, Think Business

2 Machine Learning & Data Analytics for the Process Engineer: Developing and harnessing the benefits of Process Digital Twin

3 Change Management

4 Realising EIL's Vision

• Women Development:

Women constitute approximately 11.75% of EIL's human resources, of which 93.2% are in the officer cadre. EIL has in place, a Women's Forum comprising of senior officials as Patron, Chairperson and Co-Chairperson to cater to the development needs of women employees. Abundant opportunities are made available to women employees for participation in National as well as International Conferences and Symposiums so that they benefit from the knowledge of Industry and Domain Best Practices. During the year, many focused interventions were made to empower, encourage and enable women to stay engaged and deliver their best to the Organization. Focus on Women Health and Well-being, Training on Women Development, Knowledge of Financial Planning, Session on Work-Life balance at Construction Sites, Women employees of EIL were nominated for participating in Best practices Competition to showcase their talent and professional competencies.

• Women's Day Celebration

The theme for the 112^th I nternational Women's Day was "Break The Bias" and it was celebrated with great enthusiasm at EIL on March 08, 2022. As a prelude to Women's Day celebration a webinar on the subject "Omni Life- Discover a purpose of Life" was organized. Further, to encourage fitness amongst the women workforce, a walkathon was organized at the Gurugram office complex.

The Women's Day Celebrations witnessed huge support and participation from the Senior Management. The event was full of excitement and learning, wherein external subject matter expert delivered a Talk on "Women Are Much More Than What Society Thinks". Various competitions such as Non-Fire Cooking Competition wherein participation was restricted to male employees and Flower Arrangement Competition, open for all employees were organized. A Talent Gallery was put up which showcased unique talents of women employees like painting, photography, tatting, string art, calligraphy, paper mache etc.

• Technical Paper Writing Competition

Training and Development Division provided a platform to employees for showcasing their technical/ domain prowess in two categories - Category-A (for Level 12-15) and Category-B (for Level 16-18). 73 employees submitted their technical papers highlighting their domain expertise, functional knowledge as well as innovative thinking. To encourage the employees to contribute in the capability enhancement initiatives, the best papers were rewarded with 1st, 2nd and 3rd position and two consolation prizes in each Category 'A' and 'B'.

• Implementation of Government Directives on Scheduled Caste/ Scheduled Tribes:

With a view to accelerate the pace of socio-economic development of the nation, EIL has always endeavored to safeguard the interests of SC/ST employees. The Company has appointed a Liaison Officer to work as a facilitator in ensuring that due attention is paid to the issues of SC/ ST employees. Management also encourages communication with the office bearers of the SC/ST Employees' Welfare Association by holding periodical meetings with the Association. Scholarships were awarded by EIL to 33 SC & ST (SC-22 and ST-11) undergraduate engineering students. The percentage of employees belonging to Scheduled Castes and Scheduled Tribes was 18.6 % and 5.2% respectively of the total employee strength of the Company (as on March 31, 2022).

• Implementation of Government Directives on Other Backward Class:

The Company has appointed a separate Liaison Officer for OBCs; to work as a facilitator in ensuring that due attention is paid to the issues of OBC employees. The percentage of employees belonging to Other Backward Class (OBC) was 18% of the total employee strength of the Company (as on March 31, 2022).

• Implementation of Government Directives on Economically Weaker Section:

The Company has implemented government directives pertaining to reservation of Economically Weaker Section (EWS).

• Initiatives for the Benefit of Persons with Disabilities:

EIL is implementing the provisions of "The Rights of Persons with Disabilities Act, 2016" by way of providing reservation for Persons with Disabilities. The Company has also formulated Equal Opportunity Policy and appointed a Grievance Redressal Officer for Persons with Disabilities (Divyangjan). As on March 31, 2022, there are 50 PwD employees on the rolls of the Company.

Corporate Social Responsibility

Your Company's CSR policy aims at creating a sustainable environment through its activities for community and environment. As per the

Companies Act, 2013, a budgetary allocation of 2% of the average net profit made during three immediately preceding financial years has been done in the financial year 2021-22 for CSR activities. Some of key initiatives that the Company has been engaged in are as follows:-

Education: The growth of a nation lies on the abilities & attitude of its citizens and the purpose of education is not only to spread literacy but build character of each individual. EIL, through its CSR initiative has endeavoured to reach to those who have been deprived of the benefits of education due to non-availability of resources like school infrastructure and sanitation facilities etc.

EIL supported the creation of additional infrastructure in Govt. school at Kabennur, Dharwad, Karnataka; aspirational district Darrang, Assam; Karaikal Puducherry and Tilhar, Shahjahanpur, Uttar Pradesh. To make education accessible to all and mitigate the drop out of children especially girl children due to inadequate sanitation facilities, EIL undertook the maintenance of school toilets constructed by the Company at Assam, Odisha & Tamil Nadu as part of Swachh Vidyalaya Abhiyan.

Health Care & Nutrition: Healthcare has been a key concern for our country and the Covid pandemic has further amplified the need for health-related initiatives.

In its bid to fight COVID 19, EIL installed 09 nos. of 500 LPM Pressure Swing Absorption (PSA) Oxygen Plants at 7 Government Hospitals in Karnataka; contributed to PM CARES Fund; organized Vaccination drive for general public and procured & supplied 1000 nos. of Oxygen Cylinders and 250 nos. of Oxygen Concentrators.

To extend specialised healthcare services to poor & needy, EIL installed Brachytheraphy Unit at Cancer Care Centre in Tezpur Medical College & Hospital, Bihaguri, Assam; conducted camps (Assessment and Distribution) for distribution of assistive aids & appliances to poor & needy Persons with Disabilities (PWDs) across India; Conducted 600 cataract operations & distribution of spectacles and medicines at Shahjahanpur, Uttar Pradesh; and provided medical equipment to Indira Gandhi Medical College & Research Institute, Puducherry.

To address the issue of malnourishment amongst children and women, EIL is establishing 140 nos. of Model Anganwadi Centres by providing basic infrastructure at aspirational district Dhubri, Assam and to tackle the issue of clubfoot amongst infants, treatment was provided to 375 no. of children at Patna & Gaya, Bihar.

Drinking Water/ Sanitation and Environment Protection/ Sustainability: Access to clean water, basic toilets and good hygiene practices is every human's right and the pandemic has put the spotlight on importance of sanitation and hygiene. To keep the people healthy, Government's major thrust is towards strengthening the sanitation infrastructure in the country through its Swachh Bharat Abhiyan and various other initiatives.

EIL as part of this thrust area restored an ancient water body named Gauri Kund in Bilond Village, Bharatpur district, Rajasthan and is setting up of a plant for conversion of Waste to Fuel in Mathura, Uttar Pradesh.

Vocational Training/ Skill Development: Skill development is an important driver to address poverty reduction by improving employability, productivity and helping sustainable enterprise development and inclusive growth. In line with the Government's "Skill India" mission with a vision to create an empowered workforce, EIL provided Skill Development Training Program (SDTP) to 600 no. of candidates from backward classes on PAN India basis and contributed towards operational funding of Skill Development Institutes (SDI) of Bhubaneswar, Kochi, Vishakhapatnam, Ahmedabad, Raebareli & Guwahati.

Disaster Management: EIL contributed Relief Materials for

Restoration, Management and Relief in the aftermath of Cyclone "YAAS" in Odisha.

Make In India- Aatmanirbhar Bharat

Your Company has always been at forefront of developing the capacity & capability of Indian manufacturing industry and is fully committed towards Indigenization & Import substitution and has initiated various efforts & implemented various policies in this direction. Some of these initiatives, polices and progress achieved are listed as below:

• Development of Lakshya Bharat Portal

Under the guidance of MoPNG, EIL has developed a reliable, scalable information system named as "Lakshya Bharat Portal" to be used by Oil & Gas companies to highlight all Capital goods & MRO (Maintenance Repair & Overhaul) items procured by OPSUs.

This web-based portal shall provide opportunities for new entrepreneurs as well as existing manufacturers to invest/expand their manufacturing base in India under the Make In India policy, with an endeavor to usher in an Atmanirbhar Bharat. This portal was inaugurated by Hon'ble Union Minister for Petroleum & Natural Gas and Housing & Urban Affairs on 15.09.2021 in the presence of Secretary MoPNG along with CMDs & MDs of all Oil PSUs.

• Regular Vendor Meets

EIL has been organizing Manufacturers' Meets from time to time with an intention to meet the entire vendor community to understand their issues and concerns. In addition, focused meets have been held on specific items wherein there is a limited local capacity & capability providing the intending entrepreneurs and existing manufacturers with the detailed perspective of the product under consideration. In FY 2021-22, EIL had organized 14 Vendor Meets.

• EIL's Make In India Policy

Under GOI's Make In India campaign, EIL had developed and issued a Make In India Policy with the objective that foreign companies would get encouragement to set up their subsidiary in India or enhance the already existing portfolio.

This policy encourages Indian subsidiary of a foreign company (holding 51% or above shares) in case of selective capital goods and technologies where India has limited number of manufacturers and there was tremendous scope for technology up-gradation.

As per this policy, Indian subsidiary can be enlisted / qualified in the tenders subject to certain conditions, using the experience & support of either foreign principal or another subsidiary of the foreign principal, carrying the required experience. In FY 2021-22, seven manufacturers have been enlisted / upgraded by EIL.

• Start Up India

Under the Government of India "Start-up India" Campaign, EIL has implemented the policy wherein start-ups (with no PTR for the item under consideration) are encouraged and supported to manufacture the item and get enlisted with EIL based on successful manufacturing of the item. In FY 2021-22, under this policy, two manufacturers having no prior PTR, have been enlisted / upgraded by EIL.

• Online 24 x7 empanelment process

To facilitate the empanelment process for various goods and services, enlistment portal in EIL is made live on 24x7 basis for all suppliers and contractors.

Secondly, in order to improve ease of doing business, EIL has reduced around 35 to 50% documentation requirement in its supplier evaluation process. Further, enlistment fee has been reduced to a very nominal fee for MSEs.

• Enlistment through Prototype Route

EIL had also issued another policy wherein for sectors where only one or two players exist, even manufacturers without PTR are being allowed to develop prototypes with handholding by EIL.

They were considered qualified based on the successful development & testing of a prototype, meeting the stipulated technical specifications as well as capability and capacity of the plant being upgraded to meet the requisite standards. In FY 202122, two manufacturers have been enlisted by EIL under this policy.

• Handholding through a chain of Regional Procurement Offices EIL has 09 (Nine) Procurement offices located throughout India which are closely interacting with the Indian Manufacturers in respective regions and providing all necessary procedural and technical support & guidance to improve quality and range of manufacturing.

• Addition of New Suppliers in FY 2021-22 for the items with limited Indian suppliers in EIL MSL:

? For 11 item categories, EIL has added first Indian suppliers in EIL Master supplier list.

¦ For 8 item categories, EIL has added second Indian suppliers in EIL Master supplier list.

¦ For 12 item categories, EIL has added third Indian suppliers in EIL Master supplier list.

Implementation of Official Language Policy & New Initiatives:

• For collecting and consolidation of Hindi quarterly report, an Online software and App is launched with help of ITS.

• Quarterly meetings were held regularly wherein the progress of progressive use of Hindi was reviewed. The meetings of different OLICs of Regional/ Field/Procurement Offices were also organized as per schedule and the targets of four meetings as per schedule was achieved in the financial year in all offices.

• The Committee of Parliament on Official Language inspected our Delhi Head Office under the aegis of TOLIC (Delhi PSUs) and were quite satisfied with the implementation of Official Language Policy in the office.

• Senior Officers of the Company participated in the meetings of the Town Official Language Implementation Committee (TOLIC).

• Employees were nominated in the Conference organized by Department of Official language, Ministry of Home Affairs in Varanasi.

• Hindi Nibandh Pratiyogita for other member Undertakings was successfully held under the aegis of TOLIC, Gurugram.

• Provisions of the Section 3(3) of the Official Language Act and the Official Language Rules have been complied with.

• The initiatives taken in the field of IT includes activating Unicode facilities in all computers, Providing Indic I ME, booklet for Standard Noting, PDF of Email Signature in Hindi and Google voice typing and other software on the computers and training of above software were given during Hindi Workshops. Necessary Hindi software, Glossary and other material are installed in the Company Portal for ready use of employees.

• For better implementation of Official Language, inspections were conducted in the offices and departments.

Hindi Teaching & Training

In pursuance of the Official Language Policy of the Government of India, newly joined employees, not conversant with Hindi language, are nominated in correspondence course of Ministry of Home Affairs. Cent percent target has been achieved in respect of stenographers and typists.

Hindi Workshops

Workshops in different Offices are organized virtually and in person with Covid-19 protocol.

Hindi Fortnight Celebration

The Hindi Fortnight was celebrated during September 1 - 15, 2021 in the Company. Various competitions were organized to encourage the progressive use of Hindi wherein winners were awarded. On this occasion, HODs/Head of office and their Hindi Coordinators that have done maximum work in Hindi during the year were awarded.

Official Language Award

Petroleum Rajbhasha Shield (Consolation award) was awarded to EIL by the Ministry of Petroleum and Natural Gas for the excellent Hindi work done during 2020-21.

Regional Office Vadodara was awarded with Rajbhasha Shield by Town Official Language Implementation Committee, Vadodara.

In house magazine "PAHAL" of Branch Office Mumbai was awarded by Town Official Language Implementation Committee, Navi Mumbai.

In view of COVID-19, all the activities for the compliance of Official Language in the office were conducted online.

Awards and Accolades

During the year, number of prestigious awards were conferred on your Company which are the testimony of its contribution towards the development of Hydrocarbon and other sectors in the country:

• 13^th CIDC Vishwakarama Award 2022 for 'Best Construction Projects' for construction of Guru Gobind Singh Polymer Addition project of HPCL-MITTAL Energy Limited (HMEL) Bhatinda, Punjab adjudged on March 26, 2022.

• 13^th CIDC Vishwakarama Award 2022 for Achievement Awards for 'Construction Health, Safety & Environment' for the Visakh Refinery Modernization project, VRMP Site, Vishakhapatnam,

Andhra Pradesh adjudged on March 26, 2022.

• IEI Industry Excellence Award 2021 in 'Engineering and Service Consultancy sector' instituted by The Institution of Engineers (India) received on December 26, 2021.

• FIPI Oil & Gas Industry Awards 2021 in category 'Woman Executive of the Year' (experience > 20 years) to Ms. Papia Mandal, Deputy General Manager (Structural) received on November 26, 2021.

• National Intellectual Property (IP) Award 2020 in the category 'Top Public Limited Company / Private Limited Company for Patents & Commercialization in India' and World Intellectual Property Orga nisation (WIPO) Enterprises Trophy received on August 17, 2021.

• 8^th Governance Now 2021 Award in the category for ''Reskilling of Employees (Training & Development)' received on July 29, 2021.

• 8^th Governance Now 2021 Award in the category for 'CSR Commitment' received on July 29, 2021.

• "The Order of Polar Star"- the highest civilian award of Mongolia bestowed to Shri R.K. Sabharwal, Director (Commercial) by His Excellency, the President of Mongolia on June 24, 2021

Subsidiary, Joint Ventures and Associate Companies Subsidiary Company

Certification Engineers International Limited (CEIL), a wholly owned subsidiary of EIL, continued to provide Certification as well as Third Party Inspection (TPI) services to various clients. During the year, CEIL secured a number of assignments from ONGC, L&T, GSPL, GIGL, VMSS, KRCL, RINL, NLC and various State Governments, notable among them being:

• Services for ONGC for HRP III, NLRNC RT2, PCPP1 RT projects in Western Offshore.

• TPI services for PFCCU, DFCU units of HRRL through L&T.

• TPI services for Retail outlets in Karnataka from IOCL.

• TPI services for Hi Speed Rail & Katni Rail projects through L&T.

• TPI services for Railway projects from DFCC, NHAI, RVNL, MRIDC, DFCC (various packages).

• Quality Assurance Services for USBRL project of Konkan Railway Corporation Limited.

• TPI services for Irrigation & Flood Control Department Delhi, Delhi State Industrial & Infrastructure Development Corporation.

• Quality assurance services for Jal Jeevan Mission project orders in Kerala & Tamil Nadu.

• Services for Vadodara Mahanagar Seva Sadan (VMSS) & Surat Municipal Corporation (SMC) for their various infrastructure projects .

• Annual Rate Contract for TPI in O&M services of GSPL & GITL gas grids.

• Third Party Inspection services for UP Irrigation, J&K PHED.

• ERDMP, IMS, T4S statutory audits under PNGRB from various clients like GAIL, IGL, MGL etc.

• Technical Services to Parent company Engineers India Limited. Apart from these, CEIL continued Certification and Third Party

Inspection assignments with ONGC for Onshore terminal & GS23 projects in Kakinada, Heera Offshore Field, Sagar Samrat Conversion Project in Abu Dhabi & Mumbai, TPI services for Tata projects & Paramount at HRRL, Quality assurance services for KRCL. Other assignments with Surat Municipal Corporation, Cantonment Boards, Ministry of Commerce, Ministry of Health and Social welfare, South Delhi Municipal Corporation, DFCC, NHAI continued. IMS / T4S audits carried out for GAIL (India) Natural Gas Pipeline networks for KKBMPL Phase I & II, HVJ pipeline network, Dabhol - Bangalore pipeline, KG Basin pipeline networks, Indian Oil -Adani Gas CGD networks, Adani Total Gas, Torrent Gas, Cross Country NG Pipeline for Duliajan - Numaligarh pipeline, ERDMP certification audits for GAIL Gandhar GPU, Pata Petrochemical complex, KG Basin pipeline network, Torrent gas pune and PESO audits for ISRO and HMEL Projects under SMPV rule 13(2) were some of the assignments carried out by CEIL in the statutory certification area.

The Board of Directors of CEIL has recommended final dividend of ' 26/- per share (on face value of '100/- per share) for the financial year 2021-22, in addition to ' 60/- per share interim dividend already paid during the year. With this, the total dividend for the financial year 2021-22 works out to ' 86/- per share amounting to ' 7,74,00,000.

Joint Ventures

Ramagundam Fertilizers and Chemicals Limited (RFCL) has been incorporated as a joint venture company of Engineers India Limited (EIL), National Fertilizer Limited (NFL) and Fertilizer Corporation of India (FCIL), for setting up Gas based Urea Manufacturing Plant at Ramagundam, Peddapalli district in the State of Telangana, with capacity of 2200 MTPD Ammonia Unit and 3850 MTPD Urea Unit.

Commercial Operation of the plant was declared on 22.03.2021 and plant achieved 100% Plant Load for Urea and Ammonia on 26.04.2022.

Associate Company

During the financial year, the Company along with ONGC Videsh Singapore Pte. Ltd., GAIL (India) Ltd., IOCL Singapore Pte. Ltd. and Oil India International Pte. Ltd. having participating interest of 20% each has incorporated a Limited Liability Company namely LLC Bharat Energy Office in Russia to facilitate liaising with the Russia petroleum industry and to monitor the existing investments. During the financial year, the Company has contributed its 20% contribution amounting to '75.97 lakhs

Salient features of Financial Statement of Subsidiary / Joint Venture as required under Section 129 (3) of the Companies Act, 2013 is presented under note no.69 of Consolidated Financial Statement.

Further, pursuant to the provisions of Section 136 of the Act, separate audited financial statements in respect of subsidiary, is available on the Company's website on https://engineersindia.com/investors/shareholders-meetings/.

Corporate Governance

The Company is committed to good Corporate Governance as per the requirements of SEBI Regulations and DPE Guidelines. The Board of Directors support the broad principles of Corporate Governance. In addition to the basic issues, EIL Board lays strong emphasis on transparency, accountability and integrity. As required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and DPE Guidelines on Corporate Governance, the Report on Corporate Governance, together with the Auditors' Certificate on compliance of conditions of Corporate Governance is annexed to this report.

Number of Meetings of the Board

The Board met 7 (seven) times during the financial year. The meeting details are provided in the Corporate Governance Report that forms part of this Annual Report. The intervening gap between any two meetings was within the period prescribed under Companies Act, 2013, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and DPE Guidelines on Corporate Governance.

Composition of Audit Committee

The recommendations made by the Audit Committee during the year were accepted by the Board. The other details of the Audit Committee, like its composition, terms of reference, meetings held, etc., are provided in the Corporate Governance Report.

Declaration by Independent Director

Independent Directors of the Company have submitted the declaration confirming that they meet the criteria of independence as prescribed under Section 149(6) of the Companies Act, 2013, Regulation 16(1)(b) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and DPE Guidelines on Corporate Governance and they are not aware of any circumstance or situation, which exist or may be reasonably anticipated, that could impair or impact their ability to discharge their duties with an objective of independent judgment and without any external influence.

The Board is of the opinion that the Independent Directors of the Company possess requisite qualifications, experience and expertise and they hold highest standards of integrity. Further, Independent Directors of the Company have complied and affirmed to abide by Rule 6 (Creation and Maintenance of Data Bank of Persons Offering to become Independent Directors) of the Companies (Appointment and Qualification of Directors) Rules, 2014, as amended from time to time, and have also declared their enrollment in the data bank of Independent Directors maintained by Indian Institute of Corporate Affairs ('IICA').

Directors and Key Managerial Personnel

The following changes occurred in the Board / Key Managerial Personnel of the Company:

1. Shri B. N. Reddy, Government Nominee Director ceased to be a Director w.e.f. September 15, 2021 consequent upon his transfer from MoP&NG.

2. Shri Deepak Mhaskey and Shri Harishkumar M Joshi were appointed as Independent Directors w.e.f. November 12, 2021.

3. Dr. Prashant Vasantrao Patil and Smt. Karuna Gopal Vartakavi were appointed as Independent Directors w.e.f. November 13, 2021.

4. Shri Ravi Shanker Prasad Singh and Shri Jai Prakash Tomar were appointed as Independent Directors w.e.f. November 17, 2021.

5. Shri R. K. Sabharwal, Director (Commercial) ceased to be a Director w.e.f. June 1, 2022 consequent upon his superannuation.

6. Shri Sanjay Jindal appointed as Director (Finance) w.e.f. June 10, 2022.

7. Shri DheerajKumar Ojha, Deputy Director General, MoP&NG appointed as Government Nominee Director w.e.f. June 15, 2022.

8. Shri M. Arulmurugan, Independent Director completed his tenure of 03 (three) years on July 11, 2022.

9. Shri Atul Gupta appointed as Director (Commercial) w.e.f. August 16, 2022.

10. Smt. Vartika Shukla, C&MD holding the additional charge of Director (Technical) w.e.f. September 01, 2021.

11. Smt. Vartika Shukla, C&MD was holding the additional charge of Director (Finance) from July 01, 2021 to June 10, 2022.

12. Shri Ashok Kumar Kalra, Director (HR) was holding the additional charge of Director (Commercial) from June 01, 2022 to August 16, 2022.

13. Shri Sanjay Jindal, Director (Finance) appointed as Chief Financial Officer in place of Smt. Vartika Shukla, C&MD w.e.f. June 20, 2022.

In line with the amended SEBI (LODR), approval of members was obtained through postal ballot for appointments of Directors in respect of Sl. No. (2), (3), (4), (6) & (7).

In accordance with the provisions of the Companies Act, 2013 and the Articles of Association of the Company, Shri Ashok Kumar Kalra, Director (HR) and Shri Sunil Kumar, Government Nominee Director are liable to retire by rotation and being eligible are proposed to be reappointed at the forthcoming Annual General Meeting (AGM).

The Board places on record its deep sense of appreciation for the guidance and invaluable contribution made by the Directors, who have ceased during the year.

Details of the proposals for appointment/ re-appointment of Directors along with their brief profile are provided in the notice of the AGM.

Secretarial Auditors

M/s Agarwal S. & Associates, Practicing Company Secretaries, was appointed to conduct the Secretarial Audit of the Company for the financial year 2021-22, required under Section 204 of the Companies Act, 2013 and Rules there under. The Secretarial Audit Report for the financial year 2021-22 is annexed to this Report.

All the comments of Secretarial Auditor are primarily related to Composition of Board its Committees and performance evaluation etc. In this regard, it is clarified that EIL, being a Public Sector Undertaking (Government Company), composition of its Board of Directors is the prerogative of the President of India as provided under the Articles of Association of the Company. Since Government of India is appointing authority for Directors, the company communicates to the Administrative Ministry (MoPNG) as and when a vacancy is created and requests to fill up the position. MoPNG vide its letter dated November 08, 2021 had conveyed the approval of competent Authority for appointment of 6 (Six) Non-official Independent Directors including Woman Independent Director. The Company after completing the statutory formalities, inducted Non-official Independent Directors to the EIL Board and w.e.f. November 17, 2021 complied with the requirement of composition of Board of Directors. Further, steps were also taken for re-constitution of the Board SubCommittees taking into consideration the skill & expertise possess by the newly appointed Independent Directors. Accordingly, the Board on January 29, 2022 approved the proposal for re-constitution of Board Sub-Committees in terms of regulatory provisions.

Consequent to above appointment, EIL Board has optimum combination of Directors w.e.f November 17, 2021 as well as composition of Board Sub-committees w.e.f January 29, 2022 in compliance of SEBI Listing Regulations. The Ministry of Corporate Affairs (MCA) vide notifications dated July 05, 2017, inter-alia, had exempted Government Companies from the provisions relating to performance evaluation of directors, as the performance evaluation of Directors is carried out by the Administrative Ministry, Government of India.

Vigilance Mechanism/Whistle Blower Policy

The Company has a Whistle Blower Policy and has established the necessary vigil mechanism for directors and employees in confirmation with Section 177(9) of the Act and Regulation 22 of Listing Regulations, to report concerns about unethical behavior. This Policy is available at the Company's website https://engineersindia.com/investors/corporate-governance/.

Transfer of Amounts/ Securities to Investors Education and Protection Fund

A detailed disclosure on unpaid/unclaimed dividend and shares transferred to the IEPF in Compliance with the provisions of the Companies Act, 2013 has been given in the Corporate Governance Report which forms part of this Annual Report. The same has also been given on the website of the Company at

Nomination and Remuneration Committee

EIL is a Public Sector Undertaking (Government Company) and the appointment of Directors, both Executive and Non-Executive are made by the Government of India and are being paid remuneration as per the terms of their appointment. The Company has a Nomination and Remuneration Committee and detailed disclosure in this regard has been given in the Corporate Governance Report which forms part of this Annual Report.

Performance Evaluation of the Board

EIL is a Public Sector Undertaking (Government Company) and the appointment of Directors, both Executive and Non-Executive are made by the Government of India. Therefore, the Company has not laid down any criteria for performance evaluation of the Independent Directors and the Board. However, regular inputs on performance of Independent Directors are being provided to administrative Ministry as well as Department of Public Enterprises (DPE).

Particulars of Contracts or Arrangements made with Related Parties (RPTs)

In line with the provisions of the Companies Act, 2013 and the Listing Agreement, the Company has formulated a Policy on materiality of Related Party Transactions and also on dealing with Related Party Transactions. The same has been posted on the website of the Company at https://engineersindia.com/investors/corporate-governance/. The Board of Directors have approved the revised Policy which is in compliance to the provisions under the Companies Act, 2013 and SEBI Listing Regulations as amended. The Company gives the disclosure regarding material transactions with related parties on quarterly basis along with the compliance report on Corporate Governance. As per requirements of Section 134 (3) of Companies Act, 2013 read with rule 8 of Companies (Accounts) Rule, 2014, particulars of contracts or arrangements with related parties as referred in section 188 (1) of the Companies Act, 2013 (AOC-2) is annexed to this report. Further, suitable disclosure as required by the Indian Accounting Standard (Ind AS-24) "Related Party Disclosures" has been given in the Notes to the Financial Statements.

(Figures in ' Lakhs)

Right to Information

The Company has in place a well-defined mechanism to deal with the RTI applications received under the Right to Information Act, 2005. A dedicated RTI Cell is available at HO-New Delhi to deal with the matters pertaining to the Act and to comply with the requirements of the Act. Besides the RTI applications received physically, the Company receives and addresses the online RTI applications received through the RTI portal www.rtionline.gov.in, which is a unified RTI portal of the Government of India.

Under the provisions mentioned in Section 4(1)(b) of the RTI Act, every public authority is required to display mandated information to citizens to secure access to the information under the control of public authority, in order to promote transparency and accountability in its functioning. EIL, being a responsible public sector undertaking, has displayed the information on its corporate website under 'RTI' section. The details of CPIO, APIO, First Appellate Authority as well as details pertaining to the RTI disposal report, have also been displayed on the website.

During the year, a total of 136 RTI applications were disposed off timely, by providing information in line with provisions mentioned in the Act. The Company also received First Appeals in response to the information provided by CPIO. 17 RTI Appeals were attended to and appropriately disposed off by First Appellate Authority during the aforesaid period.

Directors' Responsibility Statement

Your Directors state that:

a) in the preparation of the annual accounts for the year ended March 31, 2022, the applicable Accounting Standards read with requirements set out under Schedule III to the Companies Act, have been followed and there are no material departures from the same;

b) the Directors have selected such Accounting Policies and applied them consistently and made judgements and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the Company as at March 31, 2022 and of the profit of the Company for the year ended on that date;

c) the Directors have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities;

d) the Directors have prepared the Annual Accounts on a 'going concern' basis;

e) the Directors have laid down internal financial controls to be followed by the Company and that such internal financial controls are adequate and are operating effectively; and

f) the Directors have devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems are adequate and operating effectively.

Statutory Auditors

N. K. Bhargava & Co, Chartered Accountants appointed as Auditors of the Company for the financial year 2021-22 by the Office of Comptroller & Auditor General of India. The Statutory Auditor's Report on Standalone and Consolidated Financial Statements do not contain any qualifications, reservations, or adverse remarks or disclaimer.

Comptroller and Auditor General of India's (C&AG)'s Audit

The C&AG has conducted supplementary Audit under section 143 (6) (b) of the Company Act, 2013 and issued Nil comments. The Nil comments report is annexed in this Annual Report.

C&AG Paras from other Audit

As at 31^st March, 2022, there is no pending C&AG Paras.

Bankers

Bankers of the Company include State Bank of India, Indian Overseas Bank, Bank of Baroda, Punjab National Bank, Union Bank of India (erstwhile corporation bank), HDFC Bank, ICICI Bank, Indian Bank, Bank of India, Canara Bank, Axis Bank, Standard Chartered Bank, EXIM bank, Citibank and IndusInd Bank.

Particulars of Employees

As per the provisions of Section 197 of the Companies Act, 2013 and rules made thereunder, Government Companies are exempted from inclusion of the statement of particulars of employees. The information has, therefore, not been included as part of the Directors' Report.

Acknowledgement

The Directors are grateful for all the help, guidance and support received from Ministry of Petroleum & Natural Gas and from other Ministries of the Government of India. Directors are also grateful to the Bankers, Statutory Auditors, Comptroller & Auditor General of India and the investors for their continued patronage and confidence in the Company.

The Directors thank all our esteemed clients for the faith and trust reposed in the Company. With continuous learning, skill upgradation, technology development, your Company continue to provide World Class professionalism and services to our clients.

The Directors thank all Associates, Vendors and Contractors within the country and abroad, for their continued support without which EIL could not have achieved the desired results. Your Directors are grateful to all the Foreign Missions in India and Indian Missions abroad in countries where EIL has business operations for their continued help and support.

The Directors wish to convey their appreciation to all employees for the valuable services and cooperation extended by them and are confident that they will continue to contribute their best towards achieving still better performance in future.