EMS Limited has recently informed exchanges that the company received a prestigious Letter of Acceptance from the Indore Municipal Corporation for designing and building advanced sewage treatment plants with a combined capacity of 120, 40, and 35 MLD. The project also includes all associated structures, diversion works, interception sewers, pumping stations, and a comprehensive 15-year operation and maintenance (O&M) contract.
This significant undertaking, valued at approximately ₹416.46 crores, falls under the National Mission for Clean Ganga initiative. EMS Limited, holding a 26% share in collaboration with its JV partner, aims to revolutionize wastewater management in Indore, Madhya Pradesh.
Key Project Details:
- Awarding Authority: Indore Municipal Corporation, Indore.
- Scope of Work:
- Design, construction, and O&M of sewage treatment plants and allied infrastructure.
- Survey, redesign, and construction of diversion works and pumping stations.
- Project Type: Domestic, DBOT (Design, Build, Operate, Transfer).
- Order Value: ₹416.46 crores.
In the meantime, EMS shares opened at ₹838.00, reaching a high of ₹838.00 and a low of ₹815.00. The stock’s 52-week high stands at ₹1,016.00, while the 52-week low is ₹356.15. As of 12:39 PM, the shares were trading 0.28% lower at Rs 832.90.
