Enviro Infra Engineers shares rise 5% on Rs 224 crore wind EPC order from Tata Power RE

Enviro Infra Engineers shares rose 4.70% on Thursday to its day’s high of Rs 215 on NSE after the company received a Rs 224.19 crore (including GST) LOI from Tata Power Renewable Energy for a wind EPC Project.

According to a filing with the exchange, the company said that through its step down subsidiary Suyog Urja Limited (SUL), has received a Letter of Intent (LOI) from Tata Power Renewable Energy Limited for the execution of EPC turnkey works for the development of a 180 MW NTPC Wind Power Project at Parli, Maharashtra.

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The LOI has a contract value of Rs 224.19 crore (including GST) and is to be executed by March 31, 2027.

The scope of work encompasses Wind Turbine Generator (WTG) foundation works, Balance of Plant (BoP) works, and 33 kV transmission line works. The WTG foundation package includes civil foundation works for 58 WTGs, along with associated reinforcement steel and geotechnical requirements.

Under the balance of plant, Suyog Urja will undertake the development of an approximately 39-acre storage yard, coordination and management of Right of Way (ROW) for material movement, and construction of access roads, pathways and crane pads, along with other associated civil and infrastructure works.

The LOI also covers the construction and commissioning of the 33 kV transmission line, including route survey and design, supply and erection of poles/towers, conductors, insulators and associated hardware, as well as ROW-related activities and installation of STATCOM/harmonic filter systems.

The company further said that this LOI further strengthens Enviro Infra Engineers growing renewable energy portfolio and reinforces its strategy of building diversified, integrated capabilities across the clean energy infrastructure ecosystem.

“The contract win marks an important milestone in strengthening our presence in the wind EPC segment and further validates the capabilities we have added through Suyog Urja. The 180 MW project reinforces our ability to participate in large-scale renewable energy infrastructure projects and complements our growing presence across solar, wind and energy storage,” said Sanjay Jain, Chairman, Enviro Infra Engineers.

“We remain focused on building a diversified renewable energy platform backed by strong execution capabilities, technical expertise and disciplined project delivery. As India’s renewable energy capacity continues to expand, we see significant opportunities to contribute to the country’s clean energy transition through reliable, high-quality infrastructure,” Jain further said.

Earlier, on Tuesday, the company announced that its step-down subsidiary, Suyog Urja, was awarded a contract to execute EPC Turnkey works for the development of the 180 MW NTPC Wind Power Project at Parli, Maharashtra.

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This contract includes supply of reinforcement steel and geotech, balance of plant (BoP) including developing a fully equipped 39-acre secure storage yard, coordinating ROW for seamless material transport, and constructing permanent and temporary roads, pathways, and crane pads, 33kV Transmission Line Works- Construction and Commissioning.

The project is to be executed by March 31, 2026 and the total contract value is Rs 189 crore excluding GST.

Enviro Infra Engineers share price movement

In the current calendar year so far, the stock has gained 4.53%, but is down 14.47% over the past year.

Enviro Infra Engineers is an integrated water and wastewater infrastructure company with a presence across 17 states in India. It specialises in designing, constructing, and operating Water Treatment Plants (WTPs), Sewage Treatment Plants (STPs), Common Effluent Treatment Plants (CETPs), and Water Supply Scheme Projects (WSSPs).

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