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Fiem Industries receives letter of award from EESL

24 Aug 2015 Evaluate

Fiem Industries has received a Letter of Award (LoA), dated August 14, 2015 from Energy Efficiency Services (EESL) for Design, Manufacture, Supply and 3 Years warranty of self-Ballasted 9W LED Bulbs at Kerala and Andhra Pradesh with enhanced Quantity of 81 lack units at a price of Rs 72.40 per unit. The aggregate value of the contract is about Rs 58.64 crore and supply is to be completed within 4 months of LoA. Earlier, the company had participated in tender floated by EESL for Design, Manufacture, Supply and 3 years warranty of self-ballasted 9W LED Bulbs (Quantity 3.27 Crore) for Kerala and Andhra Pradesh. The company stood L-1 for 70,00,000 (Seventy lack) Bulbs at a bid-price of Rs. 72.40 per Bulb. 

Fiem Industries is one of the leading manufacturers of automotive lighting & signaling equipments and rear view mirrors. The company is supplying its products to almost all major OEMs in the domestic market as well as few global OEMs.

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SamvardhanaMotherson 165.60
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