Subsidiary bags Rs 228 Cr wind power EPC order from ARIE Energy

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Price reactionminutes from the announcement price · days from the prior close

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Nifty Microcap 250market-1.6%+2.2% vs market

Other Utilities peers, median of 13sector · industry level-1.5%+2.0% vs sector

On the reaction day the stock moved 2.2 pts more than Nifty Microcap 250 and 2.0 pts more than its Other Utilities peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Suyog Urja Limited, a step-down subsidiary of Enviro Infra Engineers, received a Letter of Intent from ARIE ENERGY LLP for EPC turnkey works on the 100 MW Ajani Wind Power Project at Latur, Maharashtra. The order is worth Rs 228 Crores excluding GST and must be completed by 31 July 2027. The order is domestic and has no related party interest.

Likely market impact

Boosts order book and revenue visibility through 2027 in the renewable EPC segment.