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Enviro Infra gains as arm bags Rs 228-cr wind power project

15-Oct-2026 | 09:44
Enviro Infra Engineers rose 4.30% to Rs 192.75 after the company?s step-down subsidiary, Suyog Urja, has received a Letter of Intent (LoI) worth Rs 228 crore from Arie Energy LLP for the 100 MW Ajani Wind Power Project in Latur district, Maharashtra.

The project involves engineering, procurement and construction (EPC) work and is scheduled to be completed by 31 July 2027. The order has been awarded by a domestic entity and does not constitute a related-party transaction.

Enviro Infra Engineers is one of a leading infrastructure company focused on water and wastewater treatment solutions, with a growing presence in the renewable energy sector. The company provides end-to-end EPC and O&M services across municipal and industrial segments and is expanding its footprint across solar, wind and energy storage.

The company?s consolidated net profit declined 4.94% to Rs 39.83 crore in Q1 FY27, compared with Rs 41.89 crore in Q1 FY26. Net sales jumped 49.09% YoY to Rs 359.18 crore in Q1 FY27.

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