Announced Wed, 9 Sept, 2026 · 17:59 IST
Subsidiary wins Rs 224 Cr LOI from Tata Power for 180 MW wind EPC project
EIEL · price
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Price reaction · full curve 14 horizons · vs prior close
+1.6%1-day move
₹204.40
prior close
₹211.03
base price
After-mkt
timing
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+0.1+2.2+0.8+0.0+1.6-3.1-4.8-2.6-1.5-1.4-11.9———
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AI summary
Enviro Infra Engineers' step-down subsidiary Suyog Urja received a Letter of Intent worth Rs 224.19 crore (incl. GST) from Tata Power Renewable Energy for EPC turnkey works on a 180 MW NTPC wind power project at Parli, Maharashtra. Scope includes WTG foundation for 58 turbines, Balance of Plant covering a 39-acre storage yard, and 33 kV transmission line works. Completion deadline is March 31, 2027. Strengthens EIEL's renewable energy portfolio beyond its core water business.
Likely market impact
Large order win expands EIEL's renewable energy EPC portfolio beyond core water business. Positive for revenue visibility.