NCC Limited — New Orders, 29-11-2024: Awarding of order(s)/contract(s)

NCC Limited has received a Letter of Acceptance from the Ken-Betwa Link Project Authority for the successful bid related to the EPC execution of the Daudhan Dam. This contract reflects significant engagement with a domestic entity and entails comprehensive planning, design, engineering, and hydro-mechanical works. The project's execution period is set for 72 months from the order commencement date. The total contract value is approximately ₹3,389.49 Cr (excluding GST), which positions NCC for noteworthy revenue potential. This development contributes positively to NCC's portfolio and demonstrates its continued presence in substantial infrastructure projects. Investors should view this as a key opportunity for growth in the coming years, suggesting an optimistic outlook.