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.