EMS Limited, a renowned multi-disciplinary engineering and project management company, has received a Letter of Acceptance (LOA) from Uttar Pradesh Jal Nigam (Urban) for a prestigious infrastructure order valued at ₹1.84 billion (₹184 crore). This significant contract solidifies EMS’s leadership in the water and wastewater sector and marks a major milestone in its project portfolio.
Key Highlights
Order Details and Scope
The order is part of the "Agra Water Supply Re-Organization Scheme (Trans Yamuna Zone-I & II) - Package 1" and spans a period of 24 months for execution.
The scope covers detailed surveying, soil investigation, engineering, design, and supply of necessary materials and manpower, underscoring EMS’s turnkey project execution capabilities.
Critical project elements include an intake well-cum-pump house with an approach bridge, a 1100mm diameter raw water rising main, and a 55 million liters per day (MLD) advanced water treatment plant.
Strategic Significance
This LOA not only reflects the confidence of UP Jal Nigam in EMS’s technical and operational prowess but also strengthens the company’s presence in a vital segment of urban infrastructure development.
Successfully undertaking such projects enhances EMS’s competitive position in domestic infrastructure contracts aimed at addressing water scarcity and urban water management challenges.
Financial and Market Impact
Securing this contract is expected to augment EMS’s order book significantly, contributing to revenue growth and enhancing shareholder value over the contract period.
Following the announcement, EMS shares have shown positive market sentiment, reflecting investor confidence in the company’s growth prospects and execution capabilities.
Future Outlook
With a robust order pipeline and expanding capabilities, EMS is positioned well to capitalize on increasing investments in urban infrastructure and sustainable water solutions across India.
The company’s focus on quality and timely delivery is likely to drive successful project completion, opening doors for further government and private sector projects.
Sources :EMS Limited official LOA disclosure to NSE, Angel One and IIFL Capital