Enviro Infra Engineers Secures ₹130.14 Crore Project in Varanasi
Enviro Infra Engineers Limited received a Letter of Acceptance for a ₹130.14 Crore project in Varanasi. The project involves developing a 60 MLD Sewage Treatment Plant on a Hybrid Annuity Model (HAM) with a 15-year O&M period. Execution is expected within 24 months.
The order value of ₹130.14 Crores is substantial and will contribute to the company's revenue and order book, impacting its financial performance.
The company has secured a new significant project, which is a positive development for its business growth and revenue.
Enviro Infra Engineers Limited (EIEL) announced on July 3, 2026, that it has received a Letter of Acceptance (LOA) dated July 1, 2026, for a significant project. The project involves the development of a 60 MLD Sewage Treatment Plant and associated infrastructure at Lohta, Varanasi, Uttar Pradesh, under the Namami Gange Programme.
This project will be executed through the Special Purpose Vehicle (SPV), Varanasi Lohta STP Private Limited, which was incorporated by the company and previously intimated to the stock exchanges on June 17, 2026. The contract is structured on a Hybrid Annuity Model (HAM) basis, including Operation & Maintenance (O&M) services. The total value of the order is ₹130.14 Crores, excluding GST.
The execution timeline includes 21 months for construction and 3 months for trial operations, followed by a 15-year Operation and Maintenance (O&M) period. The order was awarded by Uttar Pradesh Jal Nigam (Rural), a domestic entity. The company has confirmed that neither the promoter, promoter group, nor group companies have any interest in the awarding entity, and the contract does not fall under related party transactions.
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Enviro Infra Engineers Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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