Greenleaf Envirotech Secures Domestic MoU for Rs 25.5 Crore STP Project in Infrastructure Sector
Greenleaf Envirotech Limited has signed an Internal Memorandum of Understanding (MoU) with Eiffil Water Infra Ltd., securing involvement in a significant water and wastewater infrastructure project. The agreement, executed on June 4, 2026, outlines Greenleaf’s role as an Associate Contractor for the EPC-based project.The MoU pertains to the execution of a Sewage Treatment Plant (STP) project with a capacity of 25 MLD. Under this arrangement, Greenleaf Envirotech Ltd. will be responsible for design, procurement, execution, and commissioning of the facility. The total agreed cost for the 25 MLD Capacity STP is Rs 25,50,00,000/- (Rupees Twenty Five Crore Fifty Lakh only), which includes GST.
The purpose of the agreement is to strengthen the company's presence in the water and wastewater infrastructure sector. This engagement is expected to enhance Greenleaf’s order book, improve revenue visibility, and boost its project execution capabilities within the environmental services market.
Key details of the partnership include:
| Parameter | Details |
|---|---|
| Partner Entity | Eiffil Water Infra Ltd. |
| Agreement Type | Internal Memorandum of Understanding (MoU) |
| Execution Date | June 4, 2026 |
| Scope of Work | EPC-based water and wastewater infrastructure projects |
| Project Value | Rs 25.50 Crore (inclusive of GST) |
Terms outlined in the MoU state that payments will be processed against approved bills, subject to receipt from the project owner. The agreement remains valid until the successful completion of the project and settlement of all associated dues. This domestic partnership provides a direct avenue for Greenleaf Envirotech Limited to expand its portfolio and operational footprint in the infrastructure domain.
GREENLEAF Stock Price Movement
On Friday, Greenleaf Envirotech Limited rallied significantly as shares closed higher, gaining 4.75% to settle at ₹62.30 per share. The company experienced a trading volume of 44,000 shares during the session.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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