Enviro Infra Engineers Wins ₹228 Crore EPC Order for 100 MW Wind Project in Maharashtra

Enviro Infra Engineers Limited (EIEL), the New Delhi-based water and wastewater infrastructure company, has secured another significant renewable energy order. Its step-down subsidiary, Suyog Urja Limited (SUL), has received a Letter of Intent (LOI) from ARIE Energy LLP for engineering, procurement and construction (EPC) turnkey works for a 100 MW wind power project in Maharashtra. The order is valued at ₹228 crore, excluding GST.

The LOI is dated 14 October 2026 and was disclosed to the stock exchanges the same day under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, followed by a company press release on 15 October.

Project Overview

The order covers the 100 MW Ajani Wind Power Project at Ajani in Shirur Anantpal taluka of Latur district, in Maharashtra’s Marathwada region. Under the turnkey arrangement, Suyog Urja will carry out the engineering, procurement and construction works for the wind farm, with execution scheduled for completion by 31 July 2027.

In its disclosure, the company stated that ARIE Energy LLP is a domestic entity, that its promoter, promoter group and group companies have no interest in the awarding entity, and that the order does not fall within related-party transactions.

Second Wind EPC Win in Five Weeks

The Ajani order follows a contract dated 7 September 2026, under which Tata Power Renewable Energy Limited (TPREL) awarded Suyog Urja EPC turnkey works for a 180 MW NTPC wind power project at Parli, Maharashtra. Valued at ₹189.99 crore excluding GST (₹224.19 crore including GST), it is to be executed by 31 March 2027. The scope covers wind turbine generator (WTG) foundation works, including supply of reinforcement steel and geotechnical work, and balance-of-plant works such as a fully equipped 39-acre secure storage yard, right-of-way coordination for material transport, permanent and temporary roads, pathways and crane pads, and construction and commissioning of 33 kV transmission line works.

Together, the two orders give Suyog Urja 280 MW of wind EPC work in Maharashtra, both scheduled for completion in 2027.

Commenting on the development, Sanjay Jain, Chairman, Enviro Infra Engineers Limited, described the Ajani project as the company’s second significant wind EPC achievement in recent months and an important step in expanding its renewable infrastructure presence. He added that the successive wins for Ajani and Parli reflect the company’s focus on scaling its renewable business through disciplined execution and the ability to deliver large-scale projects.

How Enviro Entered Wind EPC

On 29 April 2026, Enviro’s wholly owned subsidiary EIE Renewables Limited signed a Share Purchase Agreement to acquire Suyog Urja for a total consideration of ₹311 crore in three tranches: 51% for ₹111 crore upfront, a further 24% for ₹108.85 crore in 2027 and the remaining 25% for ₹91.15 crore in 2028. The later tranches are linked to performance milestones, and the deal is funded through an equal mix of equity and debt.

Founded in 2008, Suyog Urja had completed more than 500 MW of wind projects, with over 600 MW under execution, at the time of the acquisition, and operates in Maharashtra, Karnataka and Madhya Pradesh. According to Enviro’s investor presentation, the acquisition took the group’s consolidated order book to approximately ₹5,600 crore, comprising ₹2,500 crore of water EPC, ₹1,900 crore of renewables EPC and ₹1,200 crore of operation and maintenance (O&M) work, alongside an independent power producer (IPP) portfolio of 79 MW of solar and 150 MWh of battery energy storage.

For Q1 FY27 (April–June 2026), the company reported consolidated revenue of ₹359.2 crore, up 49.1% year-on-year, and profit after tax of ₹45.2 crore, up 6.5%.

Maharashtra and India’s Wind Momentum

The order comes as India’s wind sector records its strongest growth. According to the Ministry of New and Renewable Energy (MNRE), India added a record 6.05 GW of wind capacity in FY 2025–26, surpassing the previous high of 5.5 GW set in FY 2016–17 and about 46% more than in FY 2024–25. Installed wind capacity reached 57,443 MW as of 30 June 2026.

Maharashtra, with 6,318 MW of installed wind capacity, is the country’s fourth-largest wind state, and MNRE has named it alongside Gujarat and Karnataka as a primary contributor to the FY 2025–26 addition. Government estimates place the state’s wind potential at 173.9 GW at 150 metres above ground level, indicating substantial headroom for further development.

Policy measures, including concessional customs duty on wind turbine components, a graded waiver of inter-state transmission system (ISTS) charges until June 2028 and a separate Wind Renewable Consumption Obligation, continue to support the project pipeline. With about 28 GW of wind capacity under implementation and a national target of 100 GW by 2030, demand for experienced EPC and balance-of-plant contractors is expected to remain strong.

Outlook

For Enviro Infra Engineers, the Ajani order strengthens its diversification beyond municipal water infrastructure. Timely completion of the Parli and Ajani projects during 2027 will be the key test of Suyog Urja’s execution capability and its ability to compete for larger wind and hybrid EPC tenders.

Enviro Infra Engineers Wins ₹228 Crore EPC Order for 100 MW Wind Project in Maharashtra

Project Overview

Second Wind EPC Win in Five Weeks

How Enviro Entered Wind EPC

Maharashtra and India’s Wind Momentum

Outlook

Official Sources

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