logo
Enviro Infra Engineers shares in focus as company bags Rs 400 crore ZLD CETP order from MIDC

Enviro Infra Engineers shares in focus as company bags Rs 400 crore ZLD CETP order from MIDC

Business Upturn11-07-2025
Shares of Enviro Infra Engineers Limited (EIEL) are expected to remain in focus after the company announced a significant ₹400 crore order win from the Maharashtra Industrial Development Corporation (MIDC).
The contract marks EIEL's entry into the Zero Liquid Discharge (ZLD) Common Effluent Treatment Plant (CETP) segment — a move seen as a milestone in its growth trajectory. The project involves upgrading CETPs at Ichalkaranji, Hatkanangale, and Yadrav in Kolhapur to prevent pollution in the Panchganga River.
The ₹400 crore order includes the design, construction, and commissioning of advanced ZLD CETPs using ultrafiltration, reverse osmosis, and multiple vapor recompression technology. The company will also handle operations and maintenance.
Chairman Sanjay Jain termed the project as a pivotal moment, saying it underscores EIEL's capabilities in delivering advanced environmental solutions and strengthens its position in Maharashtra's infrastructure landscape.
Market participants will watch the stock closely in today's session, as the order win not only boosts the company's order book but also signals strong execution capabilities in a high-potential sector aligned with sustainability and environmental priorities.
Ahmedabad Plane Crash
Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Enviro Infra Engineers secures Rs 221.26 crore wastewater treatment projects from BWSSB
Enviro Infra Engineers secures Rs 221.26 crore wastewater treatment projects from BWSSB

Business Upturn

time3 hours ago

  • Business Upturn

Enviro Infra Engineers secures Rs 221.26 crore wastewater treatment projects from BWSSB

Enviro Infra Engineers Limited (NSE: EIEL, BSE: 544290), a well-known name in the water and wastewater treatment space, has landed two major projects from the Bangalore Water Supply and Sewerage Board (BWSSB), together valued at ₹221.26 crore. The new contracts mark a strong move by EIEL to deepen its role in advanced wastewater reuse solutions, particularly focusing on tertiary treatment and ultrafiltration technologies. Under these orders, the company will design and build two sewage treatment plants (STPs) in Bengaluru: A 20 MLD STP featuring tertiary treatment and ultrafiltration for 10 MLD, including 10 years of operations and maintenance. A 15 MLD STP with similar treatment capabilities and 7.5 MLD ultrafiltration, also with a decade-long maintenance contract. Sanjay Jain, Chairman, Enviro Infra Engineers Limited, stated, 'We are proud to have secured these prestigious projects from BWSSB, which not only reinforce our technical capabilities in delivering complex wastewater and tertiary treatment infrastructure but also reflect the trust that BWSSB has placed in us. Our focus remains on delivering high-quality, sustainable, and timely solutions that contribute to the nation's water management and sanitation goals. We are committed to maintaining the highest standards of engineering and execution.' This development reinforces EIEL's commitment to sustainable water solutions, especially in urban areas where water reuse is becoming increasingly critical. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at

IEX Q1 Results: Revenue rises 14.7% to Rs 141.75 crore, Net profit jumps 25% YoY
IEX Q1 Results: Revenue rises 14.7% to Rs 141.75 crore, Net profit jumps 25% YoY

Business Upturn

time4 hours ago

  • Business Upturn

IEX Q1 Results: Revenue rises 14.7% to Rs 141.75 crore, Net profit jumps 25% YoY

Indian Energy Exchange (IEX) reported a robust set of numbers for the quarter ended June 30, 2025 (Q1 FY26), with consolidated profit after tax (PAT) rising 25% year-on-year to Rs 120.7 crore, up from Rs 96.4 crore in Q1 FY25. The consolidated revenue grew 19% YoY to Rs 184.2 crore during the quarter. Electricity volume traded on the exchange stood at 32.4 billion units (BU), marking a 15% YoY growth, while the volume of Renewable Energy Certificates (RECs) traded surged 149% YoY to 52.7 lakh units. On a standalone basis, IEX reported a PAT of Rs 113 crore, up 21% from Rs 93.4 crore in the same quarter last year. Despite initial concerns over summer demand, an early monsoon and unseasonal rains led to a lower-than-expected peak power demand. The average Day-Ahead Market (DAM) price dropped 16% YoY to Rs 4.41/unit, while the Real-Time Market (RTM) price declined 20% YoY to Rs 3.91/unit due to improved liquidity and higher renewable supply. The Indian Gas Exchange (IGX), a wholly owned subsidiary of IEX, also recorded strong growth, with gas volumes at 24.6 million MMBtu, up 109% YoY. IGX PAT rose 86.7% YoY to Rs 14.1 crore. Another subsidiary, the International Carbon Exchange (ICX), issued over 44 lakh I-RECs in Q1 FY26, with revenue at Rs 1.79 crore. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.

EPACK Durable signs joint venture with Korea's Bumjin Electronics to manufacture TV and smart speakers in India
EPACK Durable signs joint venture with Korea's Bumjin Electronics to manufacture TV and smart speakers in India

Business Upturn

time5 hours ago

  • Business Upturn

EPACK Durable signs joint venture with Korea's Bumjin Electronics to manufacture TV and smart speakers in India

By Aditya Bhagchandani Published on July 24, 2025, 17:26 IST EPACK Durable Limited has entered into a strategic joint venture agreement with Bumjin Electronics Co. Limited, a company based in the Republic of Korea, to manufacture and sell a range of advanced audio products including television speakers, soundbars, AI speakers, Bluetooth speakers, and smart speakers. As per the agreement executed on July 24, 2025, EPACK Durable will hold a 66.67% stake in the joint venture company (JV Co.), while Bumjin will own the remaining 33.33%. The JV is initially focused on the Indian market with potential for international expansion. The new entity will have an initial authorised share capital of Rs 14 crore, with 1.4 crore equity shares of Rs 10 each. The business aims to cater to both online and offline sales channels, including e-commerce platforms, while leveraging both companies' strengths. Key operational appointments include the business head being nominated by EPACK, the technical head by Bumjin, and the finance head jointly selected. The JV is expected to support import substitution, boost domestic value addition, and allow technology transfer, making it a strategic move in India's growing smart electronics and home entertainment ecosystem. This partnership aligns with EPACK's expansion plans in electronics manufacturing and is expected to enhance its product portfolio and brand visibility in the consumer electronics segment. Upon investment, the JV Co. will become a subsidiary of EPACK Durable. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store