Enviro Infra Engineers Limited has informed the Exchange regarding a press release dated July 10, 2025, titled "Press Release regarding receipt of new Project worth Rs. 400 Crores".
EIEL · price
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Enviro Infra Engineers Limited (EIEL) has secured a ₹400 crore EPC order from the Maharashtra Industrial Development Corporation (MIDC) for pollution control of the Panchganga River. The project involves upgrading Common Effluent Treatment Plants (CETPs) in Ichalkaranji, Hatkanangale, and Yadrav in Kolhapur district using advanced Zero Liquid Discharge (ZLD) technology, including ultrafiltration, RO, and MVR systems. This marks EIEL's first entry into the ZLD segment, expanding its presence into Maharashtra. The scope covers design, supply, installation, construction, testing, commissioning, and O&M, with a 24-month completion timeline.
This is a positive development — the order strengthens EIEL's order book, opens a new high-value business vertical (ZLD), and expands geographic reach. Short-term stock sentiment is likely to be positive, though execution over 24 months will be the key monitorable for shareholders.