EMS Ltd Secures Contract for Sewer Network and House Connections in Varanasi
EMS Ltd has received a Letter of Acceptance (LOA) from UP Jal Nigam (Urban), Varanasi, for a significant contract involving the laying of sewer network and house connections within the Nagar Nigam area. The order value, which is estimated excluding GST, stands at Rs. 10,284.76 lakhs.The project covers the work in 18 problematic wards, including Shivpurwa, Tulasipur, Birdopur, and Kajipura. EMS Ltd has been selected for this turnkey assignment following a tender process.
According to the details provided, the contract involves various stages of municipal infrastructure development. The scope includes Surveying, Soil Investigation, Design, and the Supply of all necessary materials, labour, and Tools & Plant (T&P).
Key operational aspects of the awarded order are summarized below:
| Parameter | Details |
|---|---|
| Contracting Entity | UP Jal Nigam (Urban), Varanasi |
| Nature of Work | Laying and Jointing of Sewer Network; Providing Sewer House Connection. |
| Order Value | Rs. 10,284.76 Lakhs (excluding GST). |
| Contract Duration | 24 months. |
| Project Status | The contract is domestic in nature. |
The company confirmed that the awarded order does not constitute a related party transaction and that the awarding entity has no interest in the promoter or the promoter group of EMS Ltd.
EMSLIMITED Stock Price Movement
EMS Limited shares are gaining strength in live trading at 2:57 PM, with the equity rallying 2.71% to reach ₹441.20. The stock saw brisk activity during the session, executing a total traded volume of 625,817 shares.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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