Enviro Infra Engineers' subsidiary is acquiring a 100% stake in wind EPC firm Suyog Urja Limited for ₹311 Crore. The acquisition, funded via a 50:50 debt-equity mix, expands Enviro's renewable energy capabilities into the wind segment and adds approximately ₹650 Crore to its consolidated order book.
Enviro Infra Engineers Limited announced a ₹311 Crore strategic acquisition of wind energy EPC player Suyog Urja Limited. The company acquired an initial 51% stake for ₹111 Crore, with plans to reach 100% ownership by 2028. This move diversifies Enviro's renewable platform into wind EPC, adding a ₹650 Crore order book and specialized engineering capabilities.