Univastu Bags ₹28 Crore 'Net Zero' Project in Varanasi 🏗️

Investors keeping an eye on Univastu India Limited (UNIVASTU) have some fresh news to digest! The company, whose shares were trading at ₹285 with a slight dip of 1.2% when this announcement came to light, has just revealed a significant new work order.

Univastu India, through its subsidiary Univastu Bootes Infra LLP (in which it holds a 51% stake), has bagged a substantial ‘Net Zero Project’ from the Varanasi Development Authority. This exciting contract, dated July 19, 2025, is valued at a whopping ₹28,08,40,000/- (Rupees Twenty Eight Crores Eight Lakhs Forty Thousand Only), including 18% GST.

So, what exactly does this ‘Net Zero Project’ entail? It’s a comprehensive design and build undertaking for the Varanasi Community Center at the Lalpur residential scheme phase 1. The scope is incredibly broad, covering everything from master planning and civil structure to mechanical, electrical, plumbing, networking, and interior works. Crucially, it emphasizes ‘Net Zero’ principles, sustainable building practices, lighting, landscaping, and even road network development. This holistic approach highlights a growing focus on environmentally conscious infrastructure.

The project is set to be executed within 12 calendar months from the date of the work order, meaning it’s targeted for completion by July 18, 2026. This domestic contract underscores Univastu’s capabilities in delivering large-scale, integrated, and sustainable development projects. It’s certainly a positive development that could contribute significantly to the company’s order book and future revenue streams. ✨

source: Corporate Announcement

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