Latest news with #EffluentTreatment
Business Upturn
6 days ago
- Business
- Business Upturn
Enviro Infra Engineers shares in focus as company bags Rs 400 crore ZLD CETP order from MIDC
Shares of Enviro Infra Engineers Limited (EIEL) are expected to remain in focus after the company announced a significant ₹400 crore order win from the Maharashtra Industrial Development Corporation (MIDC). The contract marks EIEL's entry into the Zero Liquid Discharge (ZLD) Common Effluent Treatment Plant (CETP) segment — a move seen as a milestone in its growth trajectory. The project involves upgrading CETPs at Ichalkaranji, Hatkanangale, and Yadrav in Kolhapur to prevent pollution in the Panchganga River. The ₹400 crore order includes the design, construction, and commissioning of advanced ZLD CETPs using ultrafiltration, reverse osmosis, and multiple vapor recompression technology. The company will also handle operations and maintenance. Chairman Sanjay Jain termed the project as a pivotal moment, saying it underscores EIEL's capabilities in delivering advanced environmental solutions and strengthens its position in Maharashtra's infrastructure landscape. Market participants will watch the stock closely in today's session, as the order win not only boosts the company's order book but also signals strong execution capabilities in a high-potential sector aligned with sustainability and environmental priorities. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
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Business Standard
03-07-2025
- Business
- Business Standard
Enviro Infra share slips 2% on cyber fraud incident; more details here
Enviro Infra share price: Enviro Infra Engineers (Enviro Infra) share price was under pressure on Thursday, July 3, 2025, with the stock falling up to 2.1 per cent in intraday deals to ₹235.10 per share. At 9:30 AM, Enviro Infra shares continued to trade under pressure, down 1.89 per cent at ₹235.60 per share. In comparison, BSE Sensex was trading flat with a negative bias at 83,388.50 levels. Why did Enviro Infra share price drop today? Enviro Infra shares fell after the company disclosed it had been the target of a cyber fraud involving impersonation, resulting in unauthorised fund transfers from its bank account to unidentified accounts. In an exchange filing, Enviro Infra said, 'We wish to inform you that the Company has identified an incident of cyber fraud.' The total financial impact is estimated at ₹11.15 crore. The fraudulent transactions took place between June 27 and July 1, 2025, and were detected on the night of July 1. Preliminary findings suggest that a company employee, whose identity remains confidential due to the ongoing investigation, was manipulated by cyber criminals. In a show of responsibility, the company's executive directors, the chairman & whole-time Director and the managing director, have voluntarily opted to forgo their salaries until the entire loss is recovered. Enviro Infra IPO listing Enviro Infra Engineers made its stock market debut on November 29, 2024, with listings on both the BSE and NSE. On the BSE, the stock opened at ₹218, marking a 47.3 per cent premium over its issue price. On the NSE, it debuted at ₹220, reflecting a strong 48.65 per cent premium. About Enviro Infra Enviro Infra Engineers is among the leading environmental engineering companies specialising in the design, construction, operation, and maintenance of water and wastewater treatment facilities for government clients. With a strong presence in building Sewage Treatment Plants (STPs), Common Effluent Treatment Plants (CETPs), Water Treatment Plants (WTPs), and water supply schemes (WSSPs), the company delivers end-to-end infrastructure solutions. It is also actively involved in river rejuvenation projects under the Hybrid Annuity Model (HAM), including notable initiatives like the Namami Gange Programme. The company stresses upon sustainable development, deploying advanced technologies such as Zero Liquid Discharge (ZLD) to promote environmental protection and public health. Enviro Infra has demonstrated robust financial performance, backed by a healthy order book and strong cash flows. It is also diversifying into clean energy through its subsidiary, with interests in solar, hydropower, green hydrogen, and 24x7 renewable energy solutions. With strong in-house design and engineering capabilities, Enviro Infra is well-positioned to execute complex projects efficiently and at scale.
The Hindu
23-04-2025
- General
- The Hindu
Development works to be carried out in Erode's Kalingarayan canal and baby channels at ₹83 crore
The Water Resources Department is awaiting a government order to carry out development works in the Kalingarayan Channel and extend the baby channel by an additional six k.m. at ₹83.30 crore. The 91.1 km long Kalingarayan channel, constructed by the Kongu chieftain Kalingarayan in the 13th century, irrigates 15,743 acres across Erode, Modakkurichi, and Kodumudi taluks. A 7.5 km baby channel was constructed 11 years ago from Bhavani to Vairapalayam to address pollution issues caused by the dumping of household waste and discharge of industrial effluents. The project was aimed at treating sewage and discharging processed water into the Cauvery River. However, untreated sewage continued to flow directly into the Cauvery as there is no effluent treatment plant. Farmers and residents have long demanded extension of the baby channel to keep the main channel free from pollution. They have also called for stringent measures to prevent dumping of household and industrial waste into both channels. The Water Resources Department (WRD) submitted a proposal to the government to undertake development works in the main channel and extend the baby channel by six more kms, from Vairapalayam to Vendipalayam. A WRD official confirmed that the government recently accepted the proposal and an order is expected shortly. 'Once the order is issued, the tendering process will begin, with work expected to commence by the end of June,' the official said. Once the project is completed, pollution in the Kalingarayan Channel will be fully prevented. The district administration is in the process of establishing a Common Effluent Treatment Plant (CETP), which is considered the only permanent solution to the pollution problem, the official added.
