NCC bags ₹1,077 crore drinking water supply order from Andhra Pradesh government


Infrastructure company NCC Ltd on Monday (September 28) said it has received a ₹1,076.71 crore order, excluding goods and services tax (GST), from the Rural Water Supply and Sanitation Department, Visakhapatnam, Government of Andhra Pradesh.

The order is for providing drinking water supply under the Multi Village Scheme on Yeleru Reservoir for the Anakapalli segment in Anakapalli district, Andhra Pradesh. NCC said it received the Letter of Acceptance dated September 26, 2026.

“…we are pleased to inform that, today the company has received a Letter of Acceptance dated 26th September 2026 from Rural Water Supply and Sanitation Department, Visakhapatnam, Government of Andhra Pradesh, for providing drinking water supply under Multi Village Scheme on Yeleru Reservoir for Anakapalli Segment in Anakapalli District, Andhra Pradesh State,” according to a stock exchange filing.

ALSO READ | NCC bags ₹1,703-cr orders in April across buildings, electrical, transportation divisions

The project has a construction period of 24 months. The order has been awarded by a domestic entity, and the applicable terms and conditions are the General Conditions of the Contract.

NCC said that its promoter, promoter group and group companies have no interest in the entity awarding the order. The contract does not fall under related-party transactions.

Shares of NCC Ltd ended at ₹130.30, down by ₹2.55, or 1.92%, on the BSE.

ALSO READ | NCC Q4 net profit falls 19% as margins ease, revenue up 2%; declares ₹2.20 dividend



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *