Enviro Infra Engineers Secures ₹113.51 Crore EPC and O&M Contract from Sardar Sarovar Narmada Nigam Limited

Enviro infra engineers Limited has announced securing a significant contract worth ₹113.51 crore (excluding GST) from Sardar Sarovar Narmada Nigam Limited. The company received the Letter of Acceptance dated 29.04.2026 for executing a major infrastructure project in Gujarat, with official communication received on 01st May, 2026 at 01:48 P.M. (IST).

Project Details and Scope

The contract encompasses Engineering, Procurement and Construction (EPC) work for a lift irrigation scheme covering 11 villages of Santalpur Taluka from Kachchh Branch Canal in Patan District. The project also includes Operation and Maintenance (O&M) services, demonstrating the comprehensive nature of the engagement.

Parameter:	Details
Contract Value:	₹113.51 Crore (excluding GST)
Awarding Entity:	Sardar Sarovar Narmada Nigam Limited
Project Location:	Patan District, Gujarat
Coverage:	11 villages of Santalpur Taluka
Contract Type:	EPC and O&M

Implementation Timeline

The project follows a structured timeline with distinct phases for execution and maintenance. The EPC component is scheduled for completion within 24 months from the date of commencement, followed by an extensive Operation and Maintenance period of 10 years.

Phase:	Duration
EPC Completion:	24 months from commencement
O&M Period:	10 years
Contract Nature:	Domestic

Regulatory Compliance and Disclosure

The contract announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, and the SEBI Master Circular dated 30.01.2026. The company confirmed that neither promoters nor group companies have any interest in the awarding entity, and the contract does not fall within related party transactions.

Compliance Parameter:	Status
Related Party Transaction:	No
Promoter Interest:	No
Arm's Length Transaction:	Not Applicable
Regulatory Filing:	Regulation 30 Compliance

Strategic Significance

This domestic contract reinforces Enviro Infra Engineers Limited's position in the infrastructure sector, particularly in water management and irrigation projects. The combination of EPC and long-term O&M services provides sustained revenue visibility over the contract period, contributing to the company's order book and operational pipeline.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-3.61%	-0.12%	+53.58%	-14.40%	+3.04%	+2.35%

Enviro Infra Engineers Limited has filed an investor presentation with stock exchanges regarding its strategic acquisition of wind EPC firm Suyog Urja Limited for ₹311 crore. The company expects cumulative profit after tax of ₹175 crores from the acquisition over three years, with projections indicating a 30% profit boost in the next two years. The regulatory disclosure provides comprehensive details about the transaction structure and strategic rationale behind the company's expansion into the wind energy segment.

Acquisition Structure and Financial Projections

The investor presentation was formally submitted to stock exchanges by Company Secretary Piyush Jain. The acquisition will be executed through EIE Renewables Private Limited, the company's wholly owned subsidiary, following a phased approach with specific performance milestones and payment tranches structured over multiple years.

Parameter:	Details
Acquiring Entity:	EIE Renewables Private Limited
Target Company:	Suyog Urja Limited
Total Deal Value:	₹311 crore
First Tranche (51%):	₹111 crore
Second Tranche (24%):	₹108.85 crore
Third Tranche (25%):	₹91.15 crore
Cumulative PAT Target:	₹175 crore over three years
Funding Structure:	50:50 equity and debt mix

Target Company Profile and Performance Metrics

Suyog Urja Limited, founded in 2008, operates as an asset-light wind energy EPC company with zero debt profile and established capabilities across project lifecycle management. The company has completed over 500 MW of wind projects and currently has 600 MW under execution, maintaining PAT margins above 11% with a robust order book of ₹650 crore.

Financial Metric:	Value
Expected Revenue:	₹355 crore
Expected PAT:	₹38 crore
Current Order Book:	₹650 crore
Projected Order Book:	Over ₹1,090 crore
Team Strength:	160+ technical professionals
Projects Completed:	Over 500 MW
Projects Under Execution:	600 MW

Consolidated Business Portfolio and Strategic Impact

Post-acquisition, Enviro Infra Engineers will operate an integrated renewable energy platform spanning water infrastructure, solar, wind, and battery energy storage systems. The consolidated order book stands at approximately ₹5,600 crore, comprising ₹4,400 crore in EPC projects and ₹1,200 crore in O&M services, along with an IPP portfolio of 79 MW solar and 150 MWh BESS capacity.

Business Segment:	Value/Capacity
Total Consolidated Order Book:	₹5,600 crore
Water EPC Projects:	₹2,500 crore
Renewables EPC Projects:	₹1,900 crore
O&M Services:	₹1,200 crore
Solar IPP Portfolio:	79 MW
BESS Portfolio:	150 MWh
Revenue CAGR:	68%
PAT CAGR:	72%

Leadership Continuity and Growth Outlook

Mr. Chetraj Khadka, CEO of Suyog Urja Limited with over 20 years of industry experience, will continue in his leadership role post-acquisition to ensure seamless transition and sustained momentum. The acquisition enables Enviro Infra Engineers to offer integrated infrastructure solutions across multiple verticals, positioning the company to capture opportunities in India's energy transition while expanding its client base to include high-credit private sector clients alongside government projects. The expected 30% profit boost over the next two years underscores the strategic value of this wind energy expansion.