Enviro Infra Engineers Limited has informed the Exchange about Bagging/Receiving of orders/contracts
EIEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Enviro Infra Engineers has received a Letter of Award from NTPC Limited for setting up Battery Energy Storage Systems (BESS) at two thermal power stations — Tanda in Uttar Pradesh and Bongaigaon in Assam. The contract, valued at ₹405.71 Crores (excluding GST), is on an EPC basis and includes supply, services, and 11 years of Comprehensive Annual Maintenance after the Performance Guarantee test. EPC execution is to be completed within 15 months from the date of commencement. The order is domestic, and the company has confirmed no related-party interest in NTPC.
This is a sizeable order from a strong government PSU client, which strengthens the company's order book in the renewable energy and energy storage segment. Positive for the stock in the near term, though execution risk over 15 months and long AMC obligations warrant monitoring.