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EMS Bags Order Worth Rs 141 Cr from Uttarakhand Power Corp

Jul 16, 2024

By: BlinkX Research Team

EMS said on Friday, July 12, that it has won a letter of award (LoA) from Uttarakhand Power Corporation for the construction of distribution infrastructure-loss reduction works at EDC Dehradun Rural Circle.

Key Takeaways from EMS’s Acquisition

• EMS on Friday, July 12, said that it has won a letter of award (LoA) from Uttarakhand Power Corporation. 
• The LoA received was to develop the distribution infrastructure and reduce losses at EDC Dehradun Rural Circle.
• The project is being awarded under redesigned distribution sector programs that are results-linked and reform-based.
• The corporation and its joint venture partners would enjoy a 95% stake in the aforementioned order, which has an approximate value of Rs 141.12 crore.
• The order is for the supply of plant equipment along with a variety of services, including design, engineering, manufacturing, testing, insurance, and installation. 

The project in question is being awarded under redesigned distribution sector programs that are results-linked and reform-based.

Along with the provision of an installation services contract for the implementation of the development of distribution infrastructure, the order comprises the supply of plant equipment, including design, engineering, manufacturing, testing, transportation, insurance, installation, and other services.

The corporation along with its joint venture partners would enjoy a 95% stake in the aforementioned order, which has an approximate value of Rs 141.12 crore.

The company's total net profit surged 33.6% to Rs 47.39 crore in the fourth quarter ended March 2024, compared to Rs 35.46 crore in the same period last year.

About EMS Limited

EMS Limited established in the year 1998, is a multidisciplinary engineering project contractor (EPC) business with its headquarters located in Delhi. It specialises in offering turnkey services for the collection, treatment, and disposal of water and wastewater. From engineering and planning to building and installation, the firm offers comprehensive, one-stop services for the treatment of water, wastewater, and household waste.

The business is expanding at an enviable rate and offers comprehensive engineering, procurement, and construction services for infrastructure projects. In addition to providing comprehensive electro-mechanical solutions, EMS specialises in carrying out water supply and sewerage infrastructure projects, such as gravity and pressure pipeline networks, water treatment plants, sewage treatment plants, reservoirs, pump houses, etc. In addition, EMS offers EPC services for construction and road projects, effectively completing large-scale projects for customers.

The EMS Group Companies are also involved in a variety of other enterprises, including international turnkey infrastructure projects, solar power generation, and industrial waste treatment on a PPP basis. 

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