Enviro Infra Engineers secures ₹256.92 crore orders for Varanasi STPs

1 min read     Updated on 07 Jul 2026, 06:19 AM
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Enviro Infra Engineers secured ₹256.92 crore EPC orders from Uttar Pradesh Jal Nigam (Rural) for 45 MLD and 60 MLD STPs in Varanasi under the Namami Gange Programme. The projects, valued at ₹126.78 crore and ₹130.14 crore respectively, will be developed under the Hybrid Annuity Model (HAM) with a 15-year O&M period. In-principle approvals for term loans have been secured for both projects.

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Enviro Infra Engineers has secured EPC contracts worth ₹256.92 crore for energy-efficient sewage treatment infrastructure in Varanasi, Uttar Pradesh. The company received two orders from Uttar Pradesh Jal Nigam (Rural) under the Namami Gange Programme to develop 45 MLD and 60 MLD sewage treatment plants (STPs), expanding its Hybrid Annuity Model (HAM) portfolio to five projects. These wins strengthen the company's position in the water and wastewater treatment sector by integrating renewable energy solutions for operational sustainability.

Project Details

The contracts encompass the construction and operation of STPs at Pt. Deen Dayal Upadhyay Nagar (DDU Nagar) and Lohta. The projects will be executed as energy-efficient, self-sustaining facilities incorporating biogas-based and solar power generation systems to lower operating costs and reduce carbon emissions. The biogas power plant will convert sludge into biogas to generate electricity, while solar panels will produce clean daytime power.

Particulars Details
Awarding Entity: Uttar Pradesh Jal Nigam (Rural)
Nature of Order: Hybrid Annuity Model (HAM) with O&M
Project Locations: Pt. Deen Dayal Upadhyay Nagar (DDU Nagar) and Lohta, Varanasi
Project Scope: Development of 45 MLD and 60 MLD STPs and Associated Infrastructure
Order Value (DDU Nagar): ₹126.78 crore (excluding GST)
Order Value (Lohta): ₹130.14 crore (excluding GST)
Total Contract Value: ₹256.92 crore

Execution Timeline

The projects include an Operation and Maintenance (O&M) period of 15 years. The company confirmed that in-principle approvals for term loans have been secured for both projects to enable timely financial closure. The Lohta project will be executed through a special purpose vehicle (SPV), Varanasi Lohta STP Private Limited, incorporated by the company on June 17, 2026.

Management Commentary

Mr. Sanjay Jain, Chairman of Enviro Infra Engineers Limited, stated that the company is proud to be entrusted with these significant projects under the Namami Gange Programme. He emphasized the commitment to delivering high-quality, sustainable, and timely solutions that contribute to the nation’s water management and sanitation goals while maintaining the highest standards of engineering and execution.

Historical Stock Returns for Enviro Infra Engineers

1 Day5 Days1 Month6 Months1 Year5 Years
-3.74%+5.48%+28.26%+15.25%-0.48%+11.79%

How will the integration of biogas and solar power impact the long-term operational profitability of these projects?

Does this win signal a strategic shift for Enviro Infra towards prioritizing renewable energy integration in future EPC bids?

What are the potential risks associated with securing term loans for these projects amidst current interest rate fluctuations?

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Enviro Infra Engineers incorporates two wholly owned subsidiaries

1 min read     Updated on 17 Jun 2026, 01:53 PM
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Enviro Infra Engineers incorporated two wholly owned subsidiaries, Varanasi DDU Nagar STP Private Limited and Varanasi Lohta STP Private Limited, on June 16, 2026. Both entities are Special Purpose Vehicles formed to undertake sewage treatment projects, including operation and maintenance. Each subsidiary was incorporated with an authorized capital of ₹10,00,000 divided into 1,00,000 equity shares of ₹10 each.

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Enviro Infra Engineers incorporated two wholly owned subsidiaries on June 16, 2026, to expand its presence in the water and wastewater treatment infrastructure sector. The new entities, Varanasi DDU Nagar STP Private Limited and Varanasi Lohta STP Private Limited, were established as Special Purpose Vehicles (SPVs) to undertake specific projects relating to sewage treatment, including operation and maintenance activities. Both subsidiaries are fully owned by the parent company, which holds 100% of the shareholding.

The incorporation was communicated to the stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company received the intimation regarding the formation of these subsidiaries on June 17, 2026. The filing was made by Piyush Jain, the Company Secretary and Compliance Officer of Enviro Infra Engineers Limited.

Details of the Subsidiaries

Both newly incorporated entities operate within the same industry sector and share identical structural parameters regarding capital and shareholding. The details regarding the incorporation are as follows:

Particulars Varanasi DDU Nagar STP Private Limited Varanasi Lohta STP Private Limited
Date of Incorporation 16.06.2026 16.06.2026
Country of Incorporation India India
Holding Company Enviro Infra Engineers Limited Enviro Infra Engineers Limited
Relation Wholly Owned Subsidiary Wholly Owned Subsidiary
Industry Water and Wastewater Treatment Infrastructure Water and Wastewater Treatment Infrastructure
Business Activity Sewage treatment project including operation and maintenance Sewage treatment project including operation and maintenance
Shareholding 100% 100%

Financial Structure

The financial structure for both subsidiaries involves a cash consideration for the subscription of shares. Each entity has been incorporated with an authorized capital of ₹10,00,000. This capital is divided into 1,00,000 equity shares with a face value of ₹10 each. No specific governmental or regulatory approvals were required for the incorporation of these entities.

Historical Stock Returns for Enviro Infra Engineers

1 Day5 Days1 Month6 Months1 Year5 Years
-3.74%+5.48%+28.26%+15.25%-0.48%+11.79%

What is the estimated capital expenditure required to operationalize these sewage treatment projects?

Does the company have secured orders or contracts for these SPVs, or are they formed for upcoming bids?

How will the creation of these new subsidiaries impact Enviro Infra Engineers' revenue and profitability in the upcoming fiscal year?

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