EMS wins Rs 105.08 crore project for MMLP development from Deltabulk Shipping India

EMS Limited has received the Letter of Award for the development, operation, and maintenance of the Multimodal Logistics Park (MMLP) in Nagpur, Maharashtra, as part of the PM Gati Shakti National Master Plan for Multi-modal Connectivity. The project, awarded by Deltabulk Shipping India Pvt Ltd, will be executed through a Public-Private Partnership (PPP) on a Design, Build, Finance, Operate, and Transfer (DBFOT) basis.

Key Details:

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  • Project Value: Approx. Rs. 105.08 crores
  • Timeline: 8 months for completion.
  • Contract Nature: MMLP development and management.
  • Awarding Entity: Deltabulk Shipping India Pvt Ltd, a domestic entity.

In the meantime today, EMS shares opened at Rs 809.45, reaching a high of Rs 843.70 and a low of Rs 809.40 during the session. The stock’s 52-week high stands at Rs 1,016.00, while its 52-week low is Rs 356.15. As of 12:22 PM, the shares were trading 4.96% higher at Rs Rs 838.45.