Enviro Infra Secures Rs 9,721.9 mn EPC Orders Under SBM 2.0
ECONOMY & POLICY

Enviro Infra Secures Rs 9,721.9 mn EPC Orders Under SBM 2.0

Enviro Infra Engineers saw shares rise after securing two engineering, procurement and construction contracts from the Swachh Maharashtra Mission Directorate worth a combined Rs 9,721.9 million (mn). The orders concern sewage treatment infrastructure across urban local bodies in Maharashtra under the Swachh Bharat Mission Urban 2.0 programme. The awards were disclosed as not related party transactions and there is no promoter or group company interest in the awarding authority.

The contract covering ULBs in Pune, for STPs with capacity below five million litres per day, includes development of 120.50 MLD of STP capacity, 209 km of interception and diversion network and 887.20 km of sewer pipelines and is valued at Rs 5,872.1 million (mn) with a 24 month execution period. The Nashik contract, for STPs of five MLD and above, involves 121.10 MLD of STP development, 105.50 km of I&D network and 433.68 km of sewer lines and is valued at Rs 3,849.8 million (mn) with the same timeline. Together the projects cover infrastructure across three hundred and six ULBs with populations below zero point one million (mn).

Enviro Infra Engineers is a leading engineering, procurement and construction company in water and wastewater treatment plants and water supply scheme projects for government authorities, with over 15 years of experience. The recent awards are expected to bolster the order book and revenue visibility while providing sustained execution work for project teams. The wins reinforce the company's focus on municipal wastewater solutions.

On a consolidated basis, net profit for the quarter to December rose by 10.08 per cent to Rs 404.0 million (mn) on a 1.03 per cent rise in revenue from operations to Rs 2,500.1 million (mn) year on year. The firm will commence mobilisation of resources and finalise implementation schedules to meet the prescribed timelines. Market reaction reflected investor recognition of contract accretion to the order book.

Enviro Infra Engineers saw shares rise after securing two engineering, procurement and construction contracts from the Swachh Maharashtra Mission Directorate worth a combined Rs 9,721.9 million (mn). The orders concern sewage treatment infrastructure across urban local bodies in Maharashtra under the Swachh Bharat Mission Urban 2.0 programme. The awards were disclosed as not related party transactions and there is no promoter or group company interest in the awarding authority. The contract covering ULBs in Pune, for STPs with capacity below five million litres per day, includes development of 120.50 MLD of STP capacity, 209 km of interception and diversion network and 887.20 km of sewer pipelines and is valued at Rs 5,872.1 million (mn) with a 24 month execution period. The Nashik contract, for STPs of five MLD and above, involves 121.10 MLD of STP development, 105.50 km of I&D network and 433.68 km of sewer lines and is valued at Rs 3,849.8 million (mn) with the same timeline. Together the projects cover infrastructure across three hundred and six ULBs with populations below zero point one million (mn). Enviro Infra Engineers is a leading engineering, procurement and construction company in water and wastewater treatment plants and water supply scheme projects for government authorities, with over 15 years of experience. The recent awards are expected to bolster the order book and revenue visibility while providing sustained execution work for project teams. The wins reinforce the company's focus on municipal wastewater solutions. On a consolidated basis, net profit for the quarter to December rose by 10.08 per cent to Rs 404.0 million (mn) on a 1.03 per cent rise in revenue from operations to Rs 2,500.1 million (mn) year on year. The firm will commence mobilisation of resources and finalise implementation schedules to meet the prescribed timelines. Market reaction reflected investor recognition of contract accretion to the order book.

Next Story
Infrastructure Urban

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement