Enviro Infra Engineers Ltd.EIEL₹278.82 +13.71%

Enviro Infra Engineers Ltd. announced its entry into the Zero Liquid Discharge (ZLD) segment with a ₹400 crore order from the Maharashtra Industrial Development Corporation (MIDC), marking a significant diversification in its wastewater treatment portfolio. 

Shares of the company rose sharply following the news, climbing as much as 14% intraday to hit a high of ₹279.75 on NSE.

The project involves the upgradation of Common Effluent Treatment Plants (CETPs) in the cooperative industrial estates of Ichalkaranji, Hatkanangale, and Yadrav in Kolhapur district. This initiative is a part of MIDC’s river pollution abatement program for the Panchganga River and will deploy advanced ZLD technologies, including Ultrafiltration, Reverse Osmosis (RO), and Multiple Vapor Recompression (MVR).

The ₹400 crore engineering, procurement, and construction (EPC) contract covers the full project lifecycle, from design and supply to testing, commissioning, and long-term operations and maintenance. The project is expected to be executed over 24 months.

The order marks Enviro’s first foray into high-end ZLD systems, typically used in sectors with stringent discharge norms, and is among the most technically advanced projects in the company’s portfolio to date. It also expands EIEL’s geographical footprint into Maharashtra, a state that offers considerable opportunity in industrial infrastructure and environmental remediation.

With over 15 years of experience, EIEL has built a pan-India presence in executing water and wastewater treatment projects, including sewage treatment plants, water supply schemes, and CETPs. The new contract further reinforces its positioning as a key partner in India’s push toward sustainable and pollution-free water systems.

Note: The stock price mentioned is as of 11:45 AM.

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