Deals19 Sept 2024, 11:37 pm
EMS Ltd Receives Lowest Bidder Status for Rs. 68149.43 Lakhs Pollution Abatement Work from Kolkata Municipal Corporation
AI Summary
EMS Limited has informed the exchange about receiving the lowest bidder (L-1) status from the Kolkata Municipal Corporation for a pollution abatement project worth approximately Rs. 68149.43 lakhs. The project includes design, build, test, and commissioning within 36 months, followed by 15 years of operations and maintenance. EMS Limited holds a 74% share in the project, with the other JV partner holding 26%.
Key Highlights
- EMS Ltd receives L-1 status from Kolkata Municipal Corporation for pollution abatement work.
- The project is worth approximately Rs. 68149.43 lakhs, including 15 years of Operations & Maintenance.
- EMS Limited holds a 74% share in the project, with the other JV partner holding 26%.
- The project includes design, build, test, and commissioning within 36 months.
- The project aims to rejuvenate the River Adi Ganga in Kolkata, West Bengal.