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Enviro Infra Engineers receives orders worth Rs 1,178 cr in FY25 YTD
Enviro Infra Engineers receives orders worth Rs 1,178 cr in FY25 YTD

Business Standard

time4 days ago

  • Business
  • Business Standard

Enviro Infra Engineers receives orders worth Rs 1,178 cr in FY25 YTD

Enviro Infra Engineers has received orders worth Rs 1,178.30 crore since 01 April 2025. The orders were placed by various Government authorities in its core areas of Water Treatment Plants (WTPs), Sewage Treatment Plants (STPs) and Common Effluent Treatment Plant (CETPs). The most recent addition to this growing order book is two (2) significant projects worth Rs 85.22 crore, awarded this week by the Gurugram Metropolitan Development Authority (GMDA) for the design, construction, and commissioning of two (2) Tertiary Treatment Plants (TTPs) with capacities of 90 MLD and 75 MLD. This project marks a significant step in advanced wastewater recycling and reuse, aligning with the country's goals for sustainable urban water management.

Enviro Infra Engineers share price jumps 6% as JV secures ₹395 crore order
Enviro Infra Engineers share price jumps 6% as JV secures ₹395 crore order

Mint

time10-07-2025

  • Business
  • Mint

Enviro Infra Engineers share price jumps 6% as JV secures ₹395 crore order

Enviro Infra Engineers share price in focus: Enviro Infra Engineers, a recent entrant to the Indian stock market, saw its shares surge 5% in early trade on Thursday, July 10, hitting a six-week high of ₹ 255 apiece after the company, along with its joint venture with AltoraPro Infrastructure, secured an order worth ₹ 395 crore. The company informed the exchanges on Wednesday that it had entered into a joint venture (JV) with AltoraPro Infrastructure Pvt Ltd under the name "Enviro Infra Engineers Limited AIEPL JV." The JV has received a Letter of Intent (LOI) dated July 8, 2025, for a project involving the design, supply, installation, construction, testing, commissioning, and operation & maintenance of a Common Effluent Treatment Plant (CETP). The project, awarded by the Maharashtra Industrial Development Corporation (MIDC), is valued at ₹ 395 crore and is expected to be executed within 24 months. Enviro Infra Engineers is the lead member in the JV, and this order marks a significant addition to the company's execution pipeline. This marks the company's second major order in less than three weeks. On June 23, Enviro Infra Engineers had secured engineering, procurement, and construction (EPC) contracts for sewage treatment plants (STPs), including 15 years of operation and maintenance (O&M), from various municipal corporations in Chhattisgarh. The combined value of these projects was ₹ 306.30 crore. Meanwhile, the company recently forayed into the renewable energy sector by acquiring two key solar power projects with a combined capacity of 69 MW (AC). The company's shares made their stock market debut in November 2024, listing at ₹ 220 on the NSE, marking a 48.65% premium over the issue price of ₹ 148. The stock maintained its momentum in the following months, touching a fresh peak of ₹ 391.60. However, the stock could not sustain its upward move after hitting the all-time high. At current levels, it is trading 35% below its peak, but still 72.3% higher than its IPO price.

Enviro Infra Engineers share price jumps 6% as JV secures  ₹395 crore order
Enviro Infra Engineers share price jumps 6% as JV secures  ₹395 crore order

Mint

time10-07-2025

  • Business
  • Mint

Enviro Infra Engineers share price jumps 6% as JV secures ₹395 crore order

Enviro Infra Engineers share price in focus: Enviro Infra Engineers, a recent entrant to the Indian stock market, saw its shares surge 5% in early trade on Thursday, July 10, hitting a six-week high of ₹ 255 apiece after the company, along with its joint venture with AltoraPro Infrastructure, secured an order worth ₹ 395 crore. The company informed the exchanges on Wednesday that it had entered into a joint venture (JV) with AltoraPro Infrastructure Pvt Ltd under the name "Enviro Infra Engineers Limited AIEPL JV." The JV has received a Letter of Intent (LOI) dated July 8, 2025, for a project involving the design, supply, installation, construction, testing, commissioning, and operation & maintenance of a Common Effluent Treatment Plant (CETP). The project, awarded by the Maharashtra Industrial Development Corporation (MIDC), is valued at ₹ 395 crore and is expected to be executed within 24 months. Enviro Infra Engineers is the lead member in the JV, and this order marks a significant addition to the company's execution pipeline. This marks the company's second major order in less than three weeks. On June 23, Enviro Infra Engineers had secured engineering, procurement, and construction (EPC) contracts for sewage treatment plants (STPs), including 15 years of operation and maintenance (O&M), from various municipal corporations in Chhattisgarh. The combined value of these projects was ₹ 306.30 crore. Meanwhile, the company recently forayed into the renewable energy sector by acquiring two key solar power projects with a combined capacity of 69 MW (AC). The company's shares made their stock market debut in November 2024, listing at ₹ 220 on the NSE, marking a 48.65% premium over the issue price of ₹ 148. The stock maintained its momentum in the following months, touching a fresh peak of ₹ 391.60. However, the stock could not sustain its upward move after hitting the all-time high. At current levels, it is trading 35% below its peak, but still 72.3% higher than its IPO price. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.

DM directs to complete CETP work timely
DM directs to complete CETP work timely

Time of India

time19-06-2025

  • Business
  • Time of India

DM directs to complete CETP work timely

Kanpur: District Magistrate Jitendra Pratap Singh issued directives to expedite the work of the 20 MLD CETP (Common Effluent Treatment Plant) on Thursday. During a meeting on Thursday the DM expressed dissatisfaction over the slow pace of the work . Tired of too many ads? go ad free now The meeting, chaired by the DM, was was attended by the officials of the concerned departments, the project manager, and the secretary of Jajmau Tannery Effluent Treatment Association (JETTA). T he project manager informed the DM that the construction agency, VA Tech Wabag, showed extremely slow progress over the past 55 days. Expressing displeasure, the DM instructed that all work be completed on a war footing. The project engineer mentioned that a fine of Rs 30 lakh was previously imposed on VA Tech Wabag. The District Magistrate directed the JETTA secretary to ensure immediate recovery of the said fine. It was revealed in the meeting that around 80 tanneries have not yet made their payments on which the DM instructed that a list of the defaulting tanneries be sent to the Uttar Pradesh Pollution Control Board (UPPCB) headquarters to ensure strict action against them as per the regulations. The District Magistrate sternly reprimanded VA Tech Wabag for negligence in sludge management, emphasising that work should be carried out according to protocol and environmental standards.. tnn

MIDC floats bids for CETP project after 8 years
MIDC floats bids for CETP project after 8 years

Time of India

time11-06-2025

  • Business
  • Time of India

MIDC floats bids for CETP project after 8 years

Nashik: After an almost eight-year delay, the Maharashtra Industrial Development Corporation (MIDC) has finally begun the process to construct a Common Effluent Treatment Plant (CETP) in the Ambad industrial area near Nashik city. The MIDC recently floated a tender for the project, which will be located within the Nashik Municipal Corporation limits. Executive engineer for MIDC's Nashik region Jaywant Pawar, while talking to TOI, said they expect the tender process to conclude and the work order to be issued to the chosen contractor within the next two months. The CETP is projected to take a year to complete and be commissioned, aiming to be operational before the Simhastha Kumbh Mela, scheduled between 2026 and 2028. The project is estimated to cost Rs13 crore. State govt also approved the funds for the project. The last date for filing the bid is June 23. The bids are to be opened the next day on June 24. The CETP project is to be constructed by the MIDC to treat industrial effluent of over 150 plating units located in its Ambad industrial areas in the jurisdiction of the NMC. The project will help to reduce the pollution level of the Godavari river as industrial effluent is to be diverted to the CETP. There was demand from the Nashik Industries & Manufacturers' Association (NIMA) and Ambad Industries & Manufacturers' Association (AIMA) to construct the CETP project at the earliest to overcome the treatment of the effluent generated by the plating units in the MIDC areas in Nashik city. Earlier this year in Feb, during his interaction with the industries, member secretary of the Maharashtra Pollution Control Board (MPCB) Avinash Dhakane had expressed concerns over the delay in construction of the proposed CETP project at Ambad MIDC areas. He also assured to look into the matter and boost the project.

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