In continuation to our Intimation dated April 17, 2026 regarding receipt of Lowest Bidder (L1) status for tender awarded by UP Jal Nigam, Varanasi, we wish to inform you regarding receipt ....
EMSLIMITED · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
EMS Ltd has received a Letter of Award (LOA) from UP Jal Nigam (Urban), Varanasi for laying sewer network and house connection work across 18 problematic wards in Nagar Nigam, Varanasi. The contract covers surveying, soil investigation, design, and supply of materials for sewer network laying and house connections on a turnkey basis. The estimated order value is Rs. 14,379.53 lakhs (approximately Rs. 143.80 crore), excluding GST. The project has a timeline of 24 months for execution. This follows the company's earlier intimation dated April 17, 2026 regarding L1 (lowest bidder) status for the same tender.
The award of this Rs. 143.80 crore government contract represents a substantial win for EMS Ltd, providing revenue visibility over the next 2 years. Given the size of this domestic infrastructure order, it could meaningfully contribute to the company's order book and revenue growth prospects.