Ems Limited has informed the Exchange L1 Status awarded by the UP Jal Nigam (Urban)
EMSLIMITED · price
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Awaiting price reaction for this filing.
EMS Limited has been awarded the Lowest Bidder (L-1) status by UP Jal Nigam (Urban), a state government undertaking, for the construction of various components of the Fatehpur Sewerage and Sewage Treatment Scheme (Zone-1), District Fatehpur. The estimated order value is approximately Rs. 183.81 crore (Rs. 18,381.49 lakhs) excluding GST, with an execution timeline of 24 months. The order is a domestic contract with no related party interest. The company has stated it will update the exchange on further developments regarding this project.
This is a sizeable new order win from a government entity, which strengthens EMS Limited's order book in the water and sewerage infrastructure segment. Positive for revenue visibility over the next two years, though the final award is still pending as only L-1 status has been received.