Concord Enviro Systems Subsidiary Secures INR 16 Crore Order for ZLD Systems
Concord Enviro Systems Limited, a key provider of advanced water and wastewater treatment solutions, has announced a significant order secured by its subsidiary, Rochem Separation Systems (India) Private Limited. The order, totaling INR 16 crores, is for the installation of Zero Liquid Discharge (ZLD) systems from a specialized rail engineering and manufacturing company.The receipt of this domestic order reinforces the company's capabilities in delivering advanced water and wastewater treatment solutions, particularly within the specialized domain of Zero Liquid Discharge systems.
The agreement, received in the ordinary course of business, involves the comprehensive scope of Design, Fabrication, Supply, Transportation, unloading, installation, erection, Testing, and Commissioning of ETP & ZLD, STP, and WTP. The execution of the project is slated over 28 weeks.
The transaction is expected to bolster the company's consolidated order book and contribute positively to its revenue visibility throughout the execution period.
According to the details provided, the key parameters of the contract are summarized below:
| Parameter | Details |
|---|---|
| Client Entity | Specialized rail engineering and manufacturing company |
| Contract Value | INR 16 crores |
| Nature of Order | Zero Liquid Discharge (ZLD) systems installation |
| Scope of Work | ETP & ZLD, STP, WTP (Design, Fabrication, Supply, Transportation, unloading, installation, erection, Testing & Commissioning) |
| Timeline | 28 weeks |
| Entity Type | Domestic Entity |
| Related Party Status | Not a related party transaction |
Concord Enviro Systems Limited provides a comprehensive suite of technologies and services, including desalination, effluent treatment, and membrane-based separation solutions. The company operates across diverse sectors such as automotive, pharmaceuticals, chemicals, and infrastructure.
CEWATER Stock Price Movement
Concord Enviro Systems Limited shares today slipped by 5.45% to settle at ₹257.4. The equity shed ₹14.90 during trading, posting a total volume of 161,908 shares today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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