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Sarathi Research

10th Sep · SEBI Registration INH000012740

Enviro Infra Engineers Gets ₹224 Crore Wind EPC Order

EIEL
Enviro Infra Engineers is in focus after the company received a Letter of Intent worth ₹224.19 crore, including GST, from Tata Power Renewable Energy for a wind power project in Maharashtra. The contract involves engineering, procurement and construction activities for a 180 MW NTPC wind power project. Following the announcement, shares of Enviro Infra Engineers gained nearly 5% during Thursday’s trading session, reaching an intraday high of around ₹215 on the NSE. The order marks an expansion of the company’s presence beyond its traditional water and wastewater infrastructure activities and strengthens its exposure to the renewable-energy sector. The project is expected to add to the company’s order book and provide additional execution visibility. The latest development also reflects continued investment in renewable power infrastructure in Maharashtra, where wind and solar projects are being developed to support India’s clean-energy targets. The company will be responsible for executing the EPC scope associated with the project, making the order relevant for its infrastructure and renewable-energy business.

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