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Bloomberg Quint

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Image Credit: Bloomberg Quint

Enviro Infra Engineers, AltoraPro Joint Venture Bags Project Worth Rs 396 Crore

  • A joint venture of Enviro Infra Engineers Ltd. and AltoraPro Infrastructure Pvt. has been awarded a project worth Rs 395.5 crore by the Maharashtra Industrial Development Corp for pollution control measures.
  • The project includes upgradation of common effluent treatment plants with zero liquid discharge in industrial estates of Ichalkaranji, Hatkanangale, and Yadrav in Kolhapur district.
  • The project involves design, construction, commissioning, and maintenance of CETPs and is expected to be completed within 24 months.
  • Enviro Infra's stock rose by 5.11% on the news, closing at Rs 241.18 apiece on the NSE, with a 16.47% rise in the last 12 months but a 22.67% fall year-to-date.

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