Enviro Infra Engineers Limited (EIEL) has announced that its step-down subsidiary, Suyog Urja Limited (SUL), has secured a ₹207.47 crore EPC contract for a hybrid renewable energy project from CGE 30 Hybrid Energy Private Limited.
The domestic project includes the development of wind and solar power infrastructure and is expected to be completed by June 30, 2027.
The contract strengthens the company’s presence in the renewable energy segment and expands its project execution portfolio beyond its traditional water and wastewater infrastructure business.
Scope Covers Wind, Solar, and Evacuation Infrastructure
The project involves comprehensive development works for a hybrid renewable energy facility integrating both wind and solar power generation.
The scope includes land aggregation and site development, along with Balance of Plant (BoP) works. It also covers civil and electrical infrastructure, crane deployment for Wind Operated Electricity Generator (WOEG) installation, storage handling, inter-carting and erection services for wind energy systems.
In addition, the contract includes solar project infrastructure, power evacuation facilities, testing and commissioning activities, and other enabling works such as land-related and right-of-way activities.
Expanding Beyond Water Infrastructure
Enviro Infra Engineers specialises in the design, construction, operation and maintenance of water and wastewater treatment infrastructure across India. Its portfolio includes Sewage Treatment Plants (STPs), Common Effluent Treatment Plants (CETPs), Water Treatment Plants (WTPs), and sewerage network projects executed under EPC, Build-Operate-Transfer (BOT), and Hybrid Annuity Model (HAM) frameworks.
During the recent quarter, investor interest in the company showed improvement. Foreign Institutional Investor (FII) holding increased to 0.58 percent in Q4 FY26 from 0.40 percent in Q3 FY26, indicating a sequential rise in institutional participation.
Phased Acquisition of SUL
EIEL said in April that the Suyog Urja acquisition, which would support the execution of wind projects across multiple states in India, is set to take place in a phased manner and marks the entry of Suyog Urja into the wind energy space.
The ₹311 crore deal will be executed in three tranches, with the first tranche valued at Rs. 111 crore for a 51% equity stake. Suyog Urja has an existing renewable presence with a portfolio of over 500 MW of completed projects and projects under execution, with an outstanding order book of Rs. 645 crore.
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