India's Enviro Infra Engineers rises on LOI for 2.24 billion-rupee Tata Power Renewable order

Enviro Infra Engineers

10/09/2026 04:52

** Water treatment solutions provider Enviro Infra Engineers' ENVI.NS shares rise 2.8% to 211.84 rupees 
** Co says it received a letter of intent (LOI) from Tata Power Renewable Energy for the development of a 180 MW NTPC wind power project in Maharashtra state
** LOI has a contract value of 2.24 billion rupees ($23.55 million)
** ENVI trades at forward 12-month PE of 11.32 vs industry median of 18.70 - data compiled by LSEG
     ** YTD, stock up 0.1%

($1 = 95.1000 Indian rupees)

 (Reporting by Abhinav Parmar in Bengaluru)
 ((Abhinav.Parmar@thomsonreuters.com;))