EIEL NSE filing

Enviro Infra Engineers Secures ₹256.92 Crore EPC Orders for Sewage Treatment in Varanasi

The RealCase readHigh impact Positive

Enviro Infra Engineers Limited secured two HAM projects worth ₹256.92 crore for sewage treatment infrastructure in Varanasi under the Namami Gange Programme. The projects include 45 MLD and 60 MLD STPs with 15 years of O&M. EIEL has expanded its HAM portfolio to five projects.

Why it matters

The new orders represent a substantial value (₹256.92 crore) and expand the company's project portfolio, indicating a significant positive impact on its future revenue and operations.

The market read

The company has secured significant new orders, which is a positive development for its business growth and market position.

Enviro Infra Engineers Limited (EIEL) has secured two Hybrid Annuity Model (HAM) projects from Uttar Pradesh Jal Nigam (Rural) under the Namami Gange Programme. The combined order value is ₹256.92 crore.

These projects involve the development of a 45 MLD Sewage Treatment Plant (STP) at Pt. Deen Dayal Upadhyay Nagar, valued at ₹126.78 crore, and a 60 MLD STP at Lohta, Varanasi, valued at ₹130.14 crore. Both projects include 15 years of Operations & Maintenance. The STPs are designed to be energy-efficient and self-sustaining, integrating renewable energy solutions like biogas and solar power to reduce operating costs and carbon emissions.

Mr. Sanjay Jain, Chairman of EIEL, expressed pride in being entrusted with these significant projects and reiterated the company's commitment to delivering high-quality, sustainable solutions. In-principle approvals for term loans have been secured for both projects, ensuring timely financial closure and mobilization. These wins further strengthen EIEL's position in the HAM segment and its commitment to sustainable water infrastructure development.

Filing to action

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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 high impact, which is the band that most often changes something.

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Primary source

A plain-language summary of a public exchange filing by Enviro Infra Engineers Limited. Read the original for the full detail.

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