EMS Limited Secures L-1 Bidder Status for ₹105.81 Crore Sewerage Project in Varanasi

Water and waste-water infrastructure management company EMS Limited (NSE: EMSLIMITED, BSE: 543983) has announced that it has emerged as the lowest bidder (L-1) for a major municipal sewerage infrastructure project in Uttar Pradesh.

The domestic contract was awarded by the state government utility body, UP Jal Nigam (Urban), Varanasi. The total estimated value of the infrastructure order stands at approximately ₹10,581.65 lakhs (₹105.81 crore), calculated excluding Goods and Services Tax (GST).

Scope of the Infrastructure Project

The turnkey engineering contract is centered around developing comprehensive public health utilities titled "Providing Sewer House Connection and associated works in Ramnagar Zone (Extended Area) of Nagar Nigam Varanasi."

As the developer, EMS Limited will handle the end-to-end execution lifecycle, which covers surveying, localized soil investigation, engineering design, material supply, workforce deployment, and complete structural construction. The core infrastructure deliverables outlined by the utility include:

Treatment Facilities: Construction of a 10 MLD (Million Litres per Day) Sewage Treatment Plant (STP) integrated with a specialized Co-treatment Plant. The scope includes civil works for a Sewage Pumping Station (SPS), boundary walls, security gates, standard staff residential quarters, and holistic site layout development.

Network Interconnections: Engineering, laying, and structural jointing of the primary rising main pipelines alongside the broader sub-surface sewer collection networks.

Last-Mile Delivery: Managing and executing the physical installation of individual sewer house connections across the extended municipal zones of Ramnagar.

Timelines and Corporate Clearances

The engineering project features a strict execution window, with a mandated completion time frame spanning 24 months from the formal award date.

EMS Limited has confirmed that none of its promoters, promoter groups, or group corporate entities hold any direct or indirect interest in the awarding state utility. Furthermore, the contract does not fall under the purview of related party transactions, ensuring independent, arm's length execution.

Shares of EMS Limited was last trading in BSE at Rs. 442.25 as compared to the previous close of Rs. 460.10. The total number of shares traded during the day was 95720 in over 2242 trades.

The stock hit an intraday high of Rs. 464.00 and intraday low of 438.00. The net turnover during the day was Rs. 43397640.00.

Source : Equity Bulls

Keywords

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