2 days ago

EMS Wins Rs 130 Crore Jodhpur Sewerage Contract

EMS Wins Rs 130 Crore Jodhpur Sewerage Contract
EMS bags Rs 130 crore sewerage order from Jodhpur Municipal Corporation · financialexpress.com

EMS Limited has been hired to improve sewer lines in Jodhpur.

It will build new lines in areas that still need them.

It will also repair and renew old, damaged lines.

The work is part of a programme called AMRUT 2.0.

The contract is worth about Rs 129.80 crore, including tax but not the cost of long-term operations and maintenance.

EMS has 24 months to complete the project.

The agreement also includes a one-year period for fixing defects and 10 years of operations and maintenance.

The company said the contract is not a related-party transaction.

Key facts

Contract value
Rs 129.80 crore, including GST and excluding operations and maintenance.
Awarding body
Municipal Corporation of Jodhpur.
Project
Sewerage work in Jodhpur City under AMRUT 2.0.
Completion timeline
24 months.
Defect liability
One year.
Operations and maintenance
10 years.
Company statement
EMS said the order is not a related-party transaction and that its promoter group and group companies have no interest in the awarding party.

Quotes

EMS Limited

The company, in its regulatory filing.

“We are pleased to inform you that EMS Limited has received the Letter of Award (LOA) for Sewerage Work in Jodhpur City under Amrut 2.0. The estimated order value (including GST but excluding O&M) is Rs. 12,980.13 lakhs (Rupees Twelve Thousand Nine Hundred and Eighty Lakhs Only),”
financialexpress.com

Sources

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