Jungle Camps India Limited has received a Letter of Acceptance (LOA) from the Eco-Tourism Society of Himachal Pradesh. The company has been selected as an operator for the design, development, and management of eco-tourism activities at Jalori Pass. The contract involves an annual concession fee of ₹28,22,000, plus applicable taxes, with a 3% annual escalation. This marks a strategic expansion into government-led eco-tourism initiatives.
Jungle Camps India Secures Eco-Tourism Project in Himachal Pradesh
Jungle Camps India Limited has announced the receipt of a Letter of Acceptance (LOA) from the Eco-Tourism Society of Himachal Pradesh. This LOA designates the company as the selected operator for a significant eco-tourism project located at Jalori Pass, within the Ani Forest Division of Rampur Forest Circle. The scope of work includes the comprehensive design, development, and provision of services for eco-tourism activities.
Contract Details and Financials
The agreement, bearing reference number ET/P5/Jalori Pass/2026/224/851 dated November 12, 2026, specifies an annual concession fee of ₹28,22,000 (Rupees Twenty-Eight Lakh Twenty-Two Thousand Only), exclusive of applicable taxes. This fee is subject to a 3% annual escalation over the previous year’s amount. Additionally, a performance security of ₹28,22,000 is required. The full terms are detailed within the Bidding Documents and the forthcoming Concession Agreement.
Project Nature and Duration
The contract is classified as being awarded by a domestic entity. The nature of the order involves the company acting as an operator to establish and manage eco-tourism activities. The Concession Period, as per the agreement to be executed within 30 days of the LOA, will outline the total duration of the operational contract. The company has also confirmed that there is no interest from its promoter/promoter group in the awarding entity, and the contract does not fall under related party transactions conducted at arm’s length.
Source: BSE
