EMS Ltd Receives Letter of Intent from Delhi Jal Board for Sewerage Work Valuation at Rs 15,828.57 Lakhs

EMS Ltd Receives Letter of Intent from Delhi Jal Board for Sewerage Work Valuation at Rs 15,828.57 Lakhs

EMS Ltd Receives Letter of Intent from Delhi Jal Board for Sewerage Work Valuation at Rs 15,828.57 Lakhs​

EMS Limited has secured a Letter of Intent (LOI) from the Delhi Jal Board for sewerage work, with the estimated order value being approximately Rs 15,828.57 lakhs, inclusive of GST. This contract pertains to providing and laying internal and peripheral sewer lines in Tikri Kalan GOC under the command of the proposed Sewage Treatment Plant (STP) at Tikri Kalan.

The work is awarded by the Delhi Jal Board, which operates out of its Office of Executive Engineer (C) DR-XV Jal Sadan Annexe in Lajpat Nagar, New Delhi. The contract details indicate that EMS Limited will be executing the project over a period of 15 months.

Key details regarding the LOI and the contracted work are as follows:

DetailDescription
Awarding EntityDelhi Jal Board: Office of Executive Engineer (C) DR-XV Jal Sadan Annexe, Lajpat Nagar, New Delhi
Nature of WorkProviding/Laying/Jointing Internal and Peripheral Sewer Lines in Tikri Kalan GOC
Order Value (inclusive GST)Rs 15,828.57 lakhs
Contract Duration15 months
Entity TypeDomestic Entity

The contract terms confirm that the awarded order is not a related party transaction. Furthermore, there are no declared interests of the promoter or promoter group in the entity awarding the work.

EMSLIMITED Stock Price Movement​

As of 10:36 AM, EMS Limited shares rally, trading up 2.88% to reach ₹394.60 in the live market. This positive momentum is underscored by a strong intraday volume registering 96,203 shares so far today.
 

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