Jungle Camps India Limited has received a Letter of Acceptance (LOA) from the Eco-Tourism Society of Himachal Pradesh to operate eco-tourism activities. The project involves the design, development, and management of activities at Shaheed Ashok Kumar Jot Nature Park. The company will receive an annual concession fee of ₹31,10,000, with applicable taxes and a 3% annual escalation, for a defined concession period.
New Eco-Tourism Contract Awarded
Jungle Camps India Limited announced on November 13, 2026, that it has received a Letter of Acceptance (LOA) from the Eco-Tourism Society of Himachal Pradesh. This LOA signifies the selection of Jungle Camps India Limited as the operator for eco-tourism activities within the Shaheed Ashok Kumar Jot Nature Park, located in the Dalhousie Forest Division of the Chamba Forest Circle.
Project Details and Financials
The contract encompasses the design, development, management, and provision of services for running eco-tourism activities at the designated park. The annual concession fee payable by Jungle Camps India Limited to the Eco-Tourism Society of Himachal Pradesh is set at ₹31,10,000 (Rupees Thirty-One Lakh Ten Thousand Only), plus applicable taxes. This fee is subject to a 3% annual escalation over the previous year’s fee throughout the concession period.
Furthermore, a performance security deposit of ₹31,10,000 is also stipulated. The specific terms and conditions are further detailed within the bidding documents and the forthcoming concession agreement, which is to be executed within 30 days of the LOA. The LOA itself bears the reference number ET/P5/Jot Nature Park/2026/225/854 and is dated November 12, 2026. Jungle Camps India Limited has confirmed that this is a domestic entity contract.
Operational Aspects
The Concession Period will be as per the Concession Agreement, to be executed within 30 days of the LOA. The company has stated that there is no interest from the promoter/promoter group companies in the entity that awarded the contract, and the order does not fall within related party transactions. The broad consideration for the contract is the annual concession fee mentioned above, with a 3% annual escalation.
Source: BSE
