Fiem Industries has informed about the Company’s participation in tender floated by Energy Efficiency Services (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 informed that Company stood L-1 for 70,00,000 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 81,00,000 , Price per Unit is Rs 72.40 and Contract Value Rs 58.64 Crores. The supply to be completed within 4 months of Letter of Award.
The above information is a part of company’s filings submitted to BSE.
