Announced Sat, 28 Mar · 18:38 IST

Enviro Infra Engineers Limited has informed the Exchange about Bagging/Receiving of orders/contracts

Govt Defence OrderBusiness Updates View source PDF

EIEL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+15.8%1-day move
₹138.52
prior close
₹143.13
base price
After-mkt
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+0.4-0.1-0.1+0.4+15.8+21.3+20.8+19.1+23.5+25.3+52.5+53.4+33.9+61.7
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AI summary

Enviro Infra Engineers has received a Letter of Awards from NTPC Limited for Battery Energy Storage System (BESS) projects on an EPC basis. The contract covers implementation of BESS at NTPC's Kudgi Super Thermal Power Station in Karnataka and Ramagundam Super Thermal Power Station in Telangana, along with comprehensive annual maintenance. The total contract value is ₹664.33 Crores (excluding GST). The EPC supply and services portion is to be completed within 18 months, followed by 11 years of annual maintenance after successful performance testing. The order is domestic and is not a related party transaction.

Likely market impact

This is a significant order win that strengthens Enviro Infra's order book and provides revenue visibility for the next 1.5 years of execution plus a long 11-year maintenance tail. The order from a Maharatna PSU like NTPC also lends strong credibility and is a positive signal for the company's growing presence in the energy storage and renewable EPC space.