Ems Limited has informed the Exchange about the L1 Status awarded by UP Jal Nigam (Urban) for the work under "Agra Water Supply Re-organization Scheme (Trans Yamuna Zone I & II) - Package 1"
EMSLIMITED · price
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EMS Limited has secured the L-1 (lowest bidder) position for a Rs. 10,405.52 lakhs (~Rs. 104 crore) project from UP Jal Nigam (Urban), a Uttar Pradesh state government entity. The contract involves surveying, soil investigation, engineering, design, supply, construction, testing, and commissioning of an intake well, pump house, raw water rising main (1100mm dia), and a 55 MLD water treatment plant under the Agra Water Supply Re-Organization Scheme (Trans Yamuna Zone I & II) - Package 1. The project is to be executed within 24 months. The order is purely domestic with no related-party involvement, and the company will update the exchange on further developments.
This is a positive development for EMS Limited as it adds a sizeable order (~14% of likely FY24 revenue) to its order book, strengthening revenue visibility over the next 24 months and reinforcing its position in the government water infrastructure segment. Shareholders should note this is only an L-1 status and the final award/contract execution is still pending.