FIEM INDUSTRIES LTD. - Business Updates

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24 Aug 2015
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.<BR><BR>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.<BR><BR>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:<BR><BR>Enhanced Quantity = 81,00,000 (Eighty one Lac)<BR>Price per Unit= Rs. 72.40<BR>Contract Value = Rs. 58.64 Crores.<BR><BR>The supply to be completed within 4 months of Letter of Award.
View all announcements for FIEM INDUSTRIES LTD.	Source: BSE India

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