Enviro Infra Engineers shares gains 3% on ₹224 crore Tata Power Renewable Energy order

Fresh updates from the financial markets indicate that Enviro Infra Engineers shares further noted nearly 3% in the initial trade on September 10 after the firm received a Letter of Intent (LoI) from Tata Power Renewable Energy for an EPC turnkey project worth ₹224.19 crore, including GST.

At 09:18am, Enviro Infra Engineers was quoting at Rs 211.50, up Rs 5.60, or 2.72 percent, on the BSE.

Through its step-down subsidiary Suyog Urja (SUL), the firm has received the LoI for executing EPC turnkey works for NTPC’s 180 MW wind power project at Parli in Maharashtra. The project is scheduled to be completed by March 31, 2027.

The scope includes wind turbine generator (WTG) foundation works, balance of plant (BoP) works and construction of a 33 kV transmission line.

Under the WTG foundation package, SUL will undertake civil foundation works for 58 wind turbine generators, including associated reinforcement steel and geotechnical requirements.

For the BoP works, the subsidiary will develop an approximately 39-acre storage yard, manage the right of way (ROW) for material movement and construct access roads, pathways and crane pads, along with other civil and infrastructure works.

The order additionally includes construction and commissioning of the 33 kV transmission line, covering route survey and design, supply and erection of poles/towers, conductors, insulators and associated hardware. SUL will additionally undertake ROW-related activities and install STATCOM and harmonic filter systems.

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On September 8, subsidiary secured an EPC turnkey contract worth Rs 189.99 crore for the development of a 180 MW NTPC wind power project at Parli, Maharashtra.

In the previous market session, the share closed Rs 205.90, up Rs 9.75, or 4.97 percent.

The share touched a 52-week high of Rs 276.05 and a 52-week low of Rs 135.00 on 22 September, 2025 and 09 March, 2026, respectively.

At present, the stock is trading 25.41 percent below its 52-week high and 52.52 percent above its 52-week low.

The market capitalisation of the firm stands at Rs 3,614.16 crore.