Intimation of Receipt of L1 Status from UP Jal Nigam (Urban), Varanasi
EMSLIMITED · price
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EMS Limited has been declared the lowest bidder (L-1) for a sewerage project awarded by UP Jal Nigam (Urban), Varanasi. The estimated order value is approximately Rs. 10,581.65 lakhs (~Rs. 105.82 crores), excluding GST. The scope includes surveying, design, supply, and construction of a 10 MLD Sewage Treatment Plant (STP) with co-treatment plant, sewer network laying, and providing sewer house connections in the Ramnagar Zone of Varanasi on a turnkey basis. The project has a 24-month execution timeline. The company will update once it receives the formal Letter of Award. There is no promoter or related-party interest in the awarding entity.
This is a positive development — EMS Limited has won a sizeable government water-infrastructure contract, strengthening its order book in the municipal water/wastewater segment. Confirmation of the Letter of Award and execution progress will be key catalysts for the stock.