Rs 6,814 Crore Order Book: Water Infrastructure Company Secures Rs 256.92 Crore Namami Gange Projects

On Monday, Indian benchmark indices ended higher in early trade. As of the latest available trade, the Nifty 50 gained 159.50 points, or 0.66 per cent, to 24,430.35. Amid the positive market sentiment, Enviro Infra Engineers (EIEL) share price jumps 2.13 per cent to Rs 240.48 after the company announced two new project wins under the Government of India's flagship Namami Gange Programme.

Enviro Infra Engineers Secures Rs 256.92 Crore HAM Projects

Enviro Infra Engineers Limited has secured two Hybrid Annuity Model (HAM) projects worth Rs 256.92 crore (excluding GST) from Uttar Pradesh Jal Nigam (Rural) for the development of sewage treatment infrastructure in Varanasi, Uttar Pradesh. The projects include a 45 MLD Sewage Treatment Plant (STP) at Pt. Deen Dayal Upadhyay Nagar, valued at Rs 126.78 crore, and a 60 MLD STP at Lohta, valued at Rs 130.14 crore. Both contracts include the development of associated infrastructure along with 15 years of Operations and Maintenance (O&M).

With these latest wins, the company's HAM portfolio has expanded to five projects, strengthening its position in India's long-term water and wastewater infrastructure sector. The company also stated that in-principle approvals for term loans have already been secured for both projects, enabling timely financial closure and project mobilisation.

Energy-Efficient Sewage Treatment Infrastructure

The sewage treatment plants have been designed as energy-efficient and self-sustaining facilities by integrating renewable energy solutions. Sludge generated during the treatment process will be converted into biogas, which will be used to generate electricity through gas generators, while solar panels installed across rooftop and ground spaces will provide clean daytime power. The integrated renewable energy systems are expected to reduce operating costs, lower carbon emissions and improve the long-term sustainability of the projects.

Management Commentary

Commenting on the development, Sanjay Jain, Chairman, Enviro Infra Engineers Limited, said:"We are proud to have been entrusted with these significant projects by Uttar Pradesh Jal Nigam  (Rural) under Namami Gange Programme. Our focus remains on delivering high-quality, sustainable, and timely solutions that contribute to the nation's water management and sanitation goals. We are committed to maintaining the highest standards of engineering and execution."
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About the Company

Enviro Infra Engineers Limited is a leading infrastructure company focused on water and wastewater treatment solutions, providing end-to-end EPC and Operations & Maintenance (O&M) services across municipal and industrial projects. The company is also expanding its presence in renewable energy, including solar, wind and energy storage solutions.

The company has an in-house engineering, design and construction team that enables it to execute projects from concept to commissioning. Its capabilities include project design, procurement, construction, commissioning and long-term plant operations, allowing it to deliver integrated water infrastructure solutions across India.

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Disclaimer: The article is for informational purposes only and not investment advice.