Enviro Infra Engineers Limited has announced substantial order book strengthening with new project wins worth ₹2,240 crore since March 2026, significantly enhancing its revenue visibility and market position across water treatment and renewable energy segments.

Order Book Expansion and Composition

The company's total order book now stands at more than ₹4,600 crore, reflecting strong growth momentum across multiple business segments. The diversified portfolio demonstrates the company's strategic positioning in high-growth infrastructure sectors.

Strategic Entry into BESS Market

A significant milestone for Enviro Infra Engineers is its entry into the Battery Energy Storage System (BESS) segment through four projects awarded by NTPC worth ₹1,070 crore. These projects represent a total capacity of 930 MWh and are being implemented across multiple states including Uttar Pradesh, Assam, Karnataka, and Telangana.

Water Treatment Segment Achievements

The company has secured substantial contracts in its core water treatment business, reinforcing its market leadership position. Recent wins include projects under major government initiatives such as AMRUT 2.0 and Swachh Bharat Mission (Urban) 2.0.

Revenue Visibility and Growth Outlook

The robust order book provides clear execution visibility over the next 15-24 months, with the company projecting revenue visibility of approximately ₹2,000 crore in FY 2027. This strong pipeline supports sustainable growth trajectory and operational planning.

Chairman Sanjay Jain commented on the developments, highlighting the company's execution capabilities and strategic focus on high-growth infrastructure areas. He emphasized that the entry into the BESS segment marks an important milestone in portfolio diversification while maintaining strength in core water and wastewater treatment operations.

Geographic Expansion and Market Presence

The recent order wins demonstrate Enviro Infra Engineers' expanding geographical footprint across India, with new projects secured in Bihar, Maharashtra, Assam, Karnataka, and Telangana. This diversification reduces regional concentration risk and capitalizes on infrastructure development opportunities across multiple states.

Business Segments and Capabilities

Enviro Infra Engineers operates as a leading EPC company with over 15 years of experience in water and wastewater treatment infrastructure. The company's services encompass:

• Design and engineering of water treatment projects
• Procurement of raw materials and equipment
• Project execution and overall project management
• Commissioning and post-commissioning support
• Operations and maintenance services spanning 5-15 years

The company's renewable energy segment, established in FY 2025-26, includes the subsidiary EIE Renewables Private Limited, which is developing 79 MW of Solar Power Plants under IPP and C&I models. The recent BESS project awards significantly strengthen the company's position in the renewable energy value chain.

Enviro Infra Engineers has announced a strategic acquisition through its wholly owned subsidiary EIE Renewables Private Limited, which has acquired 49% equity in PRA Bihar BESS Private Limited for ₹15.51 crore. The transaction was completed on 21 April 2026, with the company receiving intimation on 22 April 2026 at 10:54 A.M.

Acquisition Structure

The acquisition follows a Share Purchase and Options Agreement signed on 21 April 2026. EIE Renewables has acquired 49% of the equity shares in PRA Bihar BESS Private Limited, with the remaining 51% equity stake to be acquired within 60 days from the Commercial Operation Date (COD) of the project awarded to the target company. The target company has become a wholly owned subsidiary of EIE Renewables and a step-down wholly owned subsidiary of the company.

Project Details

PRA Bihar BESS Private Limited was incorporated on 21 August 2025 as a Special Purpose Vehicle for the development and establishment of a 37.5 MW/150MWh Battery Energy Storage System project in multiple districts of Bihar. The project will operate under Build-Own-Operate & Transfer (BOOT) mode with Viability Gap Funding support.

The Battery Energy Storage Purchase Agreement (BESPA) has been signed with Bihar State Power (Holding) Company Limited, North Bihar Power Distribution Company Ltd, and South Bihar Power Distribution Company Ltd at a tariff of ₹4,44,000/MW/month for 12 years. The project is supported by Viability Gap Funding of up to ₹27 lakh per MWh.

Financial Overview

The target company has an authorised capital of ₹10,00,000 and paid-up capital of ₹1,00,000. Since the company is newly incorporated, its turnover is currently nil. A capital expenditure of approximately ₹150 crore is proposed for the project, which will be funded by EIE Renewables from internal sources along with term loans from banks and financial institutions.

Strategic Significance

This acquisition enables EIE Renewables to strengthen and scale its existing Battery Energy Storage Systems portfolio while reinforcing its position in the renewable energy sector through enhanced project capacity and expanded geographic presence in Bihar. The acquisition is not a related party transaction, and none of the company's promoter, promoter group, or group companies have any interest in the transaction.