NCC Limited — New Orders, 25-03-2025: Bagging/Receiving of orders/contracts

NCC Limited has announced a board meeting to discuss the receipt of two significant Advance Work Orders from Bharat Sanchar Nigam Limited (BSNL) for the BharatNet middle mile network project in Uttarakhand and Madhya Pradesh. The total value of these major orders is approximately Rs. 10,804.56 Crores (excl. GST), comprising Rs. 2,647.12 Crores for Uttarakhand and Rs. 8,157.44 Crores for Madhya Pradesh. The execution period spans three years for construction and ten years for maintenance. This development enhances NCC's portfolio significantly, boosting its operational capacity and potential revenue, presenting a positive outlook for investors.