Shares of Enviro Infra Engineers Ltd surged more than 3% on 25 July after the company announced securing new orders worth Rs 221.2 crore from Bangalore Water Supply and Sewerage Board (BWSSB).

The contracts involve the engineering, procurement, and construction (EPC) of a 20 million litres per day (MLD) sewage treatment plant (STP) with a tertiary treatment facility and a 10-MLD ultrafiltration system, as well as ten years of operations and maintenance. 

In addition, the company will execute the EPC of another 15 MLD STP with a comparable tertiary treatment configuration and a 7.5 MLD ultrafiltration system, as well as ten years of operations and maintenance.

Sanjay Jain, chairman, Enviro Infra Engineers, said, “We are proud to have secured these prestigious projects from BWSSB, which not only reinforce our technical capabilities in delivering complex wastewater and tertiary treatment infrastructure but also reflect the trust that BWSSB has placed in us. 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.” 

Earlier, on 29 November 2024, Enviro Infra Engineers made its stock market debut, listing on both the BSE and the NSE. On the BSE, the shares started at Rs 218, representing a 47.3% premium over their issue price. Whereas on the NSE, it debuted at Rs 220, representing a huge 48.65% premium.

Enviro Infra Engineers is a major environmental engineering company that designs, builds, operates, and maintains water and wastewater treatment facilities for government clients. 

With a significant presence in the construction of Sewage Treatment Plants (STPs), Common Effluent Treatment Plants (CETPs), Water Treatment Plants (WTPs), and Water Supply Schemes (WSSPs), the company provides comprehensive infrastructure solutions. It is also actively involved in river restoration projects using the Hybrid Annuity Model (HAM), such as the Namami Gange Programme.

The company emphasises sustainable development, utilising cutting-edge technology such as Zero Liquid Discharge (ZLD) to enhance environmental protection and public health.  Enviro Infra has shown strong financial performance, supported by a healthy order book and cash flows. It is also expanding into clean energy through its subsidiary, which has investments in solar, hydropower, green hydrogen, and 24/7 renewable energy solutions. Enviro Infra has significant in-house design and technical capabilities, allowing us to execute complicated projects efficiently and on a large scale.

At 12:00 pm, the shares of Enviro Infra shed all their gains and were trading flat at Rs 276.55 on NSE.

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