EIELEnviro Infra Engineers

Enviro Infra unit Suyog Urja gets ₹228 crore letter of intent for 100 MW wind project

Suyog Urja, a step-down subsidiary of Enviro Infra Engineers, has received a letter of intent from Arie Energy LLP for the EPC of a 100 MW wind project in Latur, Maharashtra.

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Sector
Infrastructure and EPC

What happened

  • The letter of intent is worth ₹228 crore excluding GST, for the 100 MW Ajani wind power project in Latur, Maharashtra, according to Sahi. ScanX reported the same value and capacity.
  • Sahi said the work is turnkey EPC and is due for completion by 31 July 2027.
  • Sahi gave Enviro Infra's consolidated order book at the end of the June quarter as ₹6,720.8 crore.
  • The shares closed at ₹184.98 on Wednesday, up 0.89%, per Zerodha Kite.

Why it matters

Sahi gave Enviro Infra's order book at the end of June as ₹6,720.8 crore, against which this letter of intent is ₹228 crore.

Good to know: EPC stands for engineering, procurement and construction. The contractor designs the project, buys the equipment and builds it for a fixed price, then hands it over.

Key facts

Order value
₹228 crore excluding GST
Project
100 MW Ajani wind project, Latur
Awarded by
Arie Energy LLP
Completion
31 July 2027 (per Sahi)

Read the source

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