Enviro Infra Engineers wins ₹8.65 Crore arbitration award against HSIIDC.
Enviro Infra Engineers Limited secured an arbitral award of approximately ₹8.65 crore against HSIIDC. The award covers two projects in Faridabad and Rohtak, including principal amounts, interest, and litigation costs. The arbitration was concluded on May 6, 2026.
The awarded amount of ₹8.65 crore is material and will positively impact the company's financials, but it is not a transformative amount for a listed entity.
The company has won a significant arbitral award, which is a positive development that will enhance its financial position.
Enviro Infra Engineers Limited (EIEL) has received an arbitral award of approximately ₹8.65 crore, which includes interest and litigation costs, from two arbitration cases initiated in 2022 against Haryana State Industrial & Infrastructure Development Corporation Limited (HSIIDC).
The arbitration, adjudicated under the Delhi International Arbitration Centre (DIAC), pertained to two projects: the construction of a 10.5 MLD Common Effluent Treatment Plant (CETP) in Faridabad and a 10 MLD CETP in Rohtak, both including a 120-month operation and maintenance period.
The award includes ₹4,75,07,724 for the Faridabad Project and ₹3,34,68,894 for the Rohtak Project. Additionally, the company is entitled to further interest at 16% per annum simple from January 1, 2026, on the principal sums of VAT and Service Tax until full discharge. EIEL will also recover the entire costs of the references and legal expenses, including ₹14 lakh in legal costs for each reference, from the respondent. The arbitral proceedings have now concluded.
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Enviro Infra Engineers Limited filed this with the NSE as a statutory disclosure, categorised under litigation updates. 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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See the model portfoliosA plain-language summary of a public exchange filing by Enviro Infra Engineers Limited. Read the original for the full detail.