Award31 Aug 2026, 01:53 pm
EMS Ltd Receives NHAI H-1 Bidder Status for ₹28.38 Cr Project
AI Summary
EMS Limited has been declared the Highest Bidder (H-1) by the National Highways Authority of India (NHAI) for operations at the Varshamedi Fee Plaza on NH-341 in Gujarat. The project involves user fee collection and upkeep of adjacent toilet blocks for a period of one year. The estimated order value, excluding TCS, is approximately ₹2,838.88 lakhs. The company will provide further updates upon receipt of the Letter of Award (LOA). This award signifies a significant business development for EMS Ltd in the infrastructure sector.
Key Highlights
- EMS Ltd declared Highest Bidder (H-1) by NHAI.
- Project value estimated at ₹28.38 Crores.
- Contract duration is for one year.
- Award pertains to user fee collection and maintenance.
- Further updates expected upon LOA receipt.
Price Impact
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