EMS Limited Secures L-1 Status for Major Sewer Network Project in Varanasi
EMS Limited has been awarded the Lowest Bidder (L-1) status by UP Jal Nigam (Urban), Varanasi, securing a contract related to significant urban infrastructure development. The estimated order value for the construction work is approximately Rs. 10,284.76 lakhs (Rupees Ten Thousand Two Hundred and EightyFour Lakhs Only).The contract involves comprehensive turnkey execution services for various essential civic works within the city. EMS Limited has been entrusted with the work pertaining to "Laying of Sewer Networks and House Connection Work in 18 Problematic Ward" under Nagar Nigam, Varanasi. This project encompasses both laying and jointing the sewer network as well as providing necessary connections to houses.
The contract details confirm that the awarded order is a domestic L-1 status achieved through engagement with a domestic entity (UP Jal Nigam). The scope of work requires surveying, soil investigation, design, supply of all required materials, labor, and T&P (Tools and Plant) for proper completion.
Key operational metrics related to the contract are detailed below:
| Particulars | Details |
|---|---|
| Awarding Entity | UP Jal Nigam (Urban), Varanasi |
| Nature of Work | Surveying, Soil Investigation, Design, and Supply of materials/labor for Sewer Networks and House Connections. |
| Order Value (Excluding GST) | Rs. 10,284.76 Lakhs |
| Contract Duration | 24 months |
| Entity Status | Domestic L-1 |
The contract terms specify that the work must be executed on a turnkey basis. Furthermore, the company confirmed that neither the awarding entity nor any of its related parties holds an interest in EMS Limited regarding this specific contract.
EMSLIMITED Stock Price Movement
Shares of EMS Limited slipped on Friday, closing at ₹290.85 after shedding 1.61% from its previous close. The stock traded 77,622 shares during the session and touched a low of ₹290.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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