Deals24 Jun 2025, 02:10 pm
EMS Ltd Receives LOA from Kolkata Municipal Corporation for Pollution Abatement Work Worth Rs.78197.91 Lakhs
AI Summary
EMS Ltd has received a Letter of Acceptance (LOA) from The Kolkata Municipal Corporation for a tender awarded for Pollution Abatement Work for Rejuvenation of River Adi Ganga, Kolkata, West Bengal. The order value is approximately Rs.78197.91 Lakhs, including Operation & Maintenance work, GST and other charges. EMS Limited has a 74% share in this joint venture.
Key Highlights
- EMS Ltd receives LOA from Kolkata Municipal Corporation for a tender worth approximately Rs.78197.91 Lakhs.
- The tender is for Pollution Abatement Work for Rejuvenation of River Adi Ganga, Kolkata, West Bengal.
- EMS Limited has a 74% share in this joint venture.
- The contract period is 36 months for design and build and 15 years for operation and maintenance.
- The LOA is in accordance with Regulation 30, read with Schedule III, of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation 2015, and SEBI Circular SEBI/HO/CFD/CFD-PoD- 1/P/CIR/2023/123 dated July 13, 2023.