Enviro Infra Engineers Shares Jump More Than 7% Following ₹190 Crore Wind Energy Project Deal

Shares of Enviro Infra Engineers began Wednesday, September 9, in an impressive manner with the company’s step-down subsidiary winning a deal worth ₹189.99 crore for a wind energy project in Maharashtra. 

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The share price was quoted at ₹210.70 on the Bombay Stock Exchange at 9:16 am, marking a rise of ₹14.55 or 7.42%. This was in contrast to the previous day’s performance, where the stock had closed at ₹196.15, down 0.96%. 

The buying followed an order win by Suyog Urja Limited (SUL), a step-down subsidiary of Enviro Infra Engineers. The EPC turnkey contract has been awarded by Tata Power Renewable Energy for the development of a 180 MW NTPC wind power project at Parli in Maharashtra. 

What Does the ₹189.99 Crore Contract Cover? 

The project involves considerably more than a single component of the wind power development. 

Suyog Urja’s scope includes wind turbine generator foundation works, supply of reinforcement steel and geotechnical work, along with balance of plant works. 

The contract also covers the development of a 39-acre secure storage yard, right-of-way coordination and the construction of permanent and temporary roads and crane pads. 

Electrical infrastructure forms another part of the project, with Suyog Urja responsible for 33kV transmission line works, including their construction and commissioning. 

The company is expected to complete the contract by March 31, 2027. 

Stocks of Enviro Infra Up after Previous Trading Session 

Rally on Wednesday took the stock even farther away from its lows reached so far this year. 

The shares of Enviro Infra Engineers reached its 52-week low price of ₹135 on March 9, 2026. In contrast, the 52-week high price of the stock is ₹276.05 reached on September 22, 2025. 

According to the figures mentioned in the report, the stock is 28.94% away from its 52-week high and 45.3% over its 52-week low. 

Market capitalisation of the firm was ₹3,443.02 crore. 

An order worth ₹189.99 crore acted as an immediate catalyst for the move, with the stock rising by 7% in early trading due to the new wind power project win.