EMS Limited Awarded NHAI Work Orders Worth ₹422.18 Crore
EMS Limited has been declared the Highest Bidder (H-1) by NHAI for two work orders at Rangamati and Bartana Fee Plazas. The combined estimated value of these contracts is ₹422.18 crore, with each order having a duration of one year.
The new orders represent a substantial value and are expected to contribute to the company's revenue and growth.
The company has secured new significant work orders from NHAI, which is a positive development for its business.
EMS Limited has received the Highest Bidder (H-1) status for two work orders awarded by the National Highways Authority of India (NHAI). The total estimated order value for both contracts, excluding TCS, is approximately ₹422.18 crore (₹4221.83 lakhs).
The first order pertains to the engagement of a User Fee Agency for the Rangamati Fee Plaza at Km 424.500 of NH37, covering the Numaligarh to Jorhat Section in Assam. The value of this order is approximately ₹223.06 crore (₹2,230.55 lakhs) and has a tenure of 1 year.
The second order is for the engagement of a User Fee Agency through e-Tender at Bartana Fee Plaza at Km 13.000, for the 4-laning of the Jind Gohana (Greenfield) section of NH-352A (Pkg-I) in Haryana. This contract is also for a period of 1 year and has an approximate order value of ₹199.13 crore (₹1,991.27 lakhs).
Both orders have been awarded by domestic entities, and EMS Limited will provide updates upon receipt of the formal Letter of Award.
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EMS Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by EMS Limited. Read the original for the full detail.