StockWatch
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Water Supply & Management
Deals9 Sept 2026, 12:33 pm

EMS Ltd Receives ₹28.39 Cr LOA from NHAI

AI Summary

EMS Limited has received a Letter of Award (LOA) from the National Highways Authority of India (NHAI) for user fee collection and maintenance services at the Varshamedi Fee Plaza on NH-341 in Gujarat. The estimated order value, excluding TCS, is approximately ₹2,838.88 lakhs (₹28.39 crore) for a period of one year. This follows their earlier intimation of being the highest bidder (H1) for the tender. The contract involves engagement as a User Fee Collection Agency through competitive bidding via e-Tender.

Key Highlights

  • EMS Ltd secured a ₹28.39 Cr LOA from NHAI.
  • The contract is for user fee collection and maintenance.
  • The order value is for a period of one year.
  • This confirms their status as the highest bidder (H1).