Shares of Enviro Infra Engineers Ltd surged greater than 3% on 25 July after the corporate introduced securing new orders value Rs 221.2 crore from Bangalore Water Provide and Sewerage Board (BWSSB).
The contracts contain the engineering, procurement, and development (EPC) of a 20 million litres per day (MLD) sewage remedy plant (STP) with a tertiary remedy facility and a 10-MLD ultrafiltration system, in addition to ten years of operations and upkeep.
As well as, the corporate will execute the EPC of one other 15 MLD STP with a comparable tertiary remedy configuration and a 7.5 MLD ultrafiltration system, in addition to ten years of operations and upkeep.
Sanjay Jain, chairman, Enviro Infra Engineers, stated, “We’re proud to have secured these prestigious initiatives from BWSSB, which not solely reinforce our technical capabilities in delivering advanced wastewater and tertiary remedy infrastructure but additionally replicate the belief that BWSSB has positioned in us. Our focus stays on delivering high-quality, sustainable, and well timed options that contribute to the nation’s water administration and sanitation objectives. We’re dedicated to sustaining the very best requirements of engineering and execution.”
Earlier, on 29 November 2024, Enviro Infra Engineers made its inventory market debut, itemizing on each the BSE and the NSE. On the BSE, the shares began at Rs 218, representing a 47.3% premium over their subject worth. Whereas on the NSE, it debuted at Rs 220, representing an enormous 48.65% premium.
Enviro Infra Engineers is a significant environmental engineering firm that designs, builds, operates, and maintains water and wastewater remedy services for presidency purchasers.
With a big presence within the development of Sewage Therapy Vegetation (STPs), Frequent Effluent Therapy Vegetation (CETPs), Water Therapy Vegetation (WTPs), and Water Provide Schemes (WSSPs), the corporate supplies complete infrastructure options. Additionally it is actively concerned in river restoration initiatives utilizing the Hybrid Annuity Mannequin (HAM), such because the Namami Gange Programme.
The corporate emphasises sustainable improvement, utilising cutting-edge know-how equivalent to Zero Liquid Discharge (ZLD) to boost environmental safety and public well being. Enviro Infra has proven sturdy monetary efficiency, supported by a wholesome order e-book and money flows. Additionally it is increasing into clear vitality via its subsidiary, which has investments in photo voltaic, hydropower, inexperienced hydrogen, and 24/7 renewable vitality options. Enviro Infra has important in-house design and technical capabilities, permitting us to execute difficult initiatives effectively and on a big scale.
At 12:00 pm, the shares of Enviro Infra shed all their positive factors and have been buying and selling flat at Rs 276.55 on NSE.
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