EPC Infrastructure Contracts
Enviro Infra Engineers Secures ₹113.51 Cr EPC Irrigation Project in Gujarat with 10-Year O&M
NSE
eiel
BSE
544290
Enviro Infra Engineers Limited has received a ₹113.51 crore EPC contract from Sardar Sarovar Narmada Nigam Limited for a lift irrigation project in Gujarat, including a 10-year operations & maintenance component
PRICE-SENSITIVE TRIGGER
Event: Order Win (EPC + O&M Project)
Type: EPC Infrastructure Contracts
Impact: Positive
Immediate Effect: Strengthens order book visibility and ensures long-term revenue through O&M component
Key Metrics:
- Order Value: ₹113.51 crore (excluding GST)
- Project Type: EPC + O&M
- Execution Timeline:
- EPC: 24 months
- O&M: 10 years
Highlight:
- Long-Term Revenue Visibility: Includes 10-year O&M contract
What Happened ?
Enviro Infra Engineers Limited has received a Letter of Acceptance (LoA) for executing a lift irrigation project in Gujarat from Sardar Sarovar Narmada Nigam Limited.
The project includes both Engineering, Procurement, and Construction (EPC) and a long-term Operations & Maintenance (O&M) component.
key highlights
Project Scope:
- EPC contract for lift irrigation system
- Covers 11 villages in Santalpur Taluka
- Source: Kachchh Branch Canal
- District: Patan, Gujarat
Nature of Work:
- Engineering, procurement, and construction
- Installation and commissioning
- Post-completion O&M services
Execution Timeline:
- EPC completion: 24 months
- O&M period: 10 years post completion
Client Details:
- Awarding authority: Sardar Sarovar Narmada Nigam Limited
- Government-linked irrigation authority
- Domestic contract
Strategic Importance:
- Strengthens presence in water infrastructure segment
- Adds long-term annuity-like revenue via O&M
- Enhances order book visibility
- Supports growth in irrigation and water management projects
Note:
O&M component improves margin stability and recurring revenue profile
Risk Analysis
Key Risks
- Execution delays in EPC phase
- Cost overruns impacting margins
- Dependency on government project timelines
- Working capital requirements
Worst Case Scenario
- Delays or cost escalation could reduce project profitability and stretch cash flows
Risk Level: Medium
Company Commentary
- LoA received for irrigation project in Gujarat
- EPC + O&M contract structure
- No promoter or related party involvement
- Transaction conducted at arm’s length
Official Exchange Filing: Enviro Infra Engineers Limited