Enviro Infra Engineers awarded Rs 224 crore wind EPC contract from Tata Power
Enviro Infra Engineers shares jumped 5% after receiving a Letter of Intent for a Rs 224.19 crore turnkey project at the Parli, Maharashtra site.
Enviro Infra Engineers shares rose 5% on Thursday, reaching a daily high of 215 rupees on the National Stock Exchange. The company received a Letter of Intent from Tata Power Renewable Energy Limited valued at Rs 224.19 crore, including goods and services tax. This agreement covers construction work for an 180-megawatt wind power project located in Parli, Maharashtra, to be completed by March 31, 2027. The subsidiary Suyog Urja Limited will handle the execution through its step-down structure. The contract includes civil foundation works for 58 wind turbine generators, reinforcement steel, and geotechnical requirements. Additionally, the project involves developing a roughly 39-acre storage yard and constructing access roads and crane pads. Other scope items include coordination for material movement, route survey and design for the 33-kilovolt transmission line, supply of poles, and its erection.