By: ICN Bureau
Last updated : August 24, 2025 9:22 am
The acquisition marks a strategic entry for Enviro into the renewable energy sector
Enviro Infra Engineers Limited (Enviro), a leading infrastructure and environmental engineering company, has completed the acquisition of Vento Power Infra Private Limited for a cash consideration of Rs. 115.6 crore.
The acquisition, executed through its wholly owned subsidiary, EIE Renewables Private Limited, marks a strategic entry for Enviro into the renewable energy sector and strengthens its long-term vision of building a sustainable and diversified business portfolio. Following this transaction, Vento Power Infra has become a wholly owned subsidiary of EIE Renewables and a step-down wholly owned subsidiary of Enviro.
Founded in 2015, Vento Power Infra is currently developing a 40 MW grid-connected solar power project in Bolangir, Odisha, which will sell power at a tariff of Rs. 4.10 per unit for approximately 18 years. The project ensures stable, long-term revenue streams and supports India's clean energy transition.
Speaking on the acquisition, Manish Jain, Managing Director, Enviro Infra Engineers Limited said, "This acquisition is a milestone in Enviro's growth journey. By adding Vento Power Infra to our portfolio, we are diversifying into renewable energy, enhancing our revenue stability, and aligning with India's commitment to sustainable infrastructure. It strengthens our ability to deliver integrated, future-ready solutions while creating long-term value for our stakeholders."