Enviro Infra Engineers Limited Secures Mega Projects Worth ₹972 Crore in Maharashtra

Enviro Infra Engineers Limited (NSE: EIEL / BSE: 544290) has announced a massive expansion of its project portfolio after receiving Letters of Empanelment (LoEs) for two major infrastructure projects in Maharashtra. The combined value of these orders stands at approximately ₹972.19 Crore.

The projects, awarded by the Swachh Maharashtra Mission Directorate, are part of the Swachh Bharat Mission (Urban) 2.0. They focus on the development of Sewage Treatment Plants (STP) and extensive sewer networks across 306 Urban Local Bodies (ULBs) with populations under one lakh.

Breakdown of the Projects

1. Pune Region (Category I)

Scope: Development of 120.50 MLD STP capacity for ULBs with individual capacities below 5 MLD. The project includes 209 KM of Interception & Diversion (I&D) and a massive 887.20 KM sewer network.

Contract Value: ₹587.208 Crore (including GST).

Timeline: 24 months.

2. Nashik Region (Category II)

Scope: Development of 121.10 MLD STP capacity for ULBs with capacities of 5 MLD and above. This includes 105.50 KM of I&D length and 433.68 KM of sewer network.

Contract Value: ₹384.982 Crore (including GST).

Timeline: 24 months.

Both contracts will be executed on an Engineering, Procurement, and Construction (EPC) basis. These wins significantly strengthen Enviro Infra's order book and solidify its position as a key player in India's waste-water management sector. By tackling the infrastructure needs of over 300 smaller urban centers, the company is playing a pivotal role in Maharashtra's environmental sustainability and sanitation goals.

Shares of Enviro Infra Engineers Limited was last trading in BSE at Rs. 173.35 as compared to the previous close of Rs. 170.95. The total number of shares traded during the day was 38253 in over 469 trades.

The stock hit an intraday high of Rs. 175.05 and intraday low of 171.70. The net turnover during the day was Rs. 6625510.00.

Source : Equity Bulls

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