Enviro Infra Engineers Secures ₹248.49 Crore EPC Order from Bhopal Municipal Corporation; Stock Gains 2.85%

New Delhi, October 29, 2025: Enviro Infra Engineers Limited (NSE: EIEL, BSE: 544290) announced that it has received a Letter of Acceptance from Bhopal Municipal Corporation for a ₹248.49 crore sewerage infrastructure project (excluding O&M and GST). Following the announcement, as of 1:00 PM, Enviro Infra Engineers’ share price traded at ₹246.80, which is a rise of 2.85%.

Enviro Infra Engineers Ltd opened at ₹240.90 and reached a high of ₹248.70 and a low of ₹239.50 intraday. It has a market capitalization of ₹4,330 crore and is trading at a P/E of 20.96. The share price has fluctuated from a high of ₹391.60 to a low of ₹182.00 in 52 weeks.

Enviro Infra Engineers Limited was incorporated on November 29, 2024, and is listed on NSE and BSE. It is a Water and Waste Water Management Systems Engineering, Procurement & Construction Company. The company specializes in STPs (Sewage Treatment Plants), pumping stations, and urban water networks involved in sustainable city infrastructure development.

Project Scope and Terms

The project involves the design, construction, and completion of a sewerage network in the North-East region of Bhopal, which spans a total length of 273.37 km. The scope of the project also involves the construction of a 60 MLD STP, intermediate pumping stations, and providing O&M services for 5 years. The EPC phase is expected to be completed within 36 months from the date of commencement.

Project Information

The project has been assigned to the business organization by the Bhopal Municipal Corporation under an EPC (Engineering, Procurement and Construction) with O&M (Operation and Maintenance) contractual agreement and carries a total contract value of ₹248.49 crore, O&M and GST not included. The completion period is 36 months for EPC construction and completion, and another 5 years for O&M. The company has clarified that there is no promoter interest and it is not a related party transaction.

REF: https://nsearchives.nseindia.com/corporate/ENVIRO_29102025111848_Intimation_Reg_30__1_.pdf

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