Suyog Urja Ltd. secures ₹189.99 Crore order

's step-down subsidiary, Suyog Urja Limited, has received a letter of intent for a turnkey EPC contract from Tata Power Renewable Energy Limited. The contract is valued at ₹189.99 crore excluding GST (₹224.19 crore including GST) for developing a 180 MW NTPC wind power project in Parli, Maharashtra. Following the announcement, the company's stock jumped nearly 10% on the exchanges, demonstrating strong investor sentiment. Enviro Infra Engineers' core expertise has traditionally been in municipal water and wastewater infrastructure. The strategic decision in early 2026 to acquire Suyog Urja was a pivotal step to expand into high-growth clean energy EPC. Securing this ₹189.99 crore project from a tier-1 developer like Tata Power Renewable Energy validates the execution capability of the acquired business. Although the wind segment remains a smaller portion of Enviro's massive ₹6,720.80 crore consolidated order book, it represents a highly scalable growth engine with double-digit margins. Enviro's transition into an integrated sustainable infrastructure provider is demonstrating strong momentum. By leveraging Suyog Urja's specialized wind EPC capabilities to bag contracts of this scale, the company is successfully de-risking its municipal water reliance and capturing private capital in the green transition. Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations.