Business Update13 Nov 2026, 07:13 pm
Jungle Camps India Wins Himachal Eco-Tourism Project
AI Summary
Jungle Camps India Limited has received a Letter of Acceptance (LOA) from the Eco-Tourism Society of Himachal Pradesh to operate eco-tourism activities at Shali Tibba in Shimla. The project involves the design, development, and management of eco-tourism services. The annual concession fee is ₹19,25,000 plus applicable taxes, with a 3% annual escalation. A performance security of ₹19,25,000 is also required. The concession period will be determined by a future Concession Agreement, to be executed within 30 days of the LOA. The company has no conflict of interest with the awarding entity.
Key Highlights
- Secured LOA for eco-tourism operations in Himachal Pradesh.
- Annual concession fee set at ₹19.25 Lakhs with 3% annual escalation.
- Requires a performance security deposit of ₹19.25 Lakhs.
- Concession period to be defined in a future agreement.
Price Impact
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