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| Exchange Disseminated Time 24/08/2015 12:01:06 | Fiem Industries Ltd has informed BSE about the Company's participation in tender floated by Energy Efficiency Services Ltd. (EESL) for Design, Manufacture, Supply and 3 years warranty of self-ballasted 9W LED Bulbs (Quantity 3.27 Crore) for Kerala and Andhra Pradesh.
Vide Company's letter dated July 22, 2015, the Company had inter alia, informed that Company stood L-1 for 70,00,000 (Seventy lac) Bulbs at a bid-price of Rs. 72.40 per Bulb.
To update on the above, the Company informed that, the Company received a 'Letter of Award, dated August 14, 2015 from EESL for Design, Manufacture, Supply and 3 Years warranty of self-Ballasted 9W LED Bulbs at Kerala and Andhra Pradesh with enhanced Quantity and value as under:
Enhanced Quantity = 81,00,000 (Eighty one Lac)
Price per Unit= Rs. 72.40
Contract Value = Rs. 58.64 Crores.
The supply to be completed within 4 months of Letter of Award. |
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