NCC Limited has announced a major infrastructure order worth ₹2,129.60 crore (excluding GST) from the Andhra Pradesh Capital Region Development Authority (APCRDA). The disclosure was made on March 19, 2025, to the National Stock Exchange of India (NSE) and BSE Limited, in compliance with Regulation 30 of SEBI’s (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Details of the Order
-
Awarding Authority: Andhra Pradesh Capital Region Development Authority (APCRDA).
-
Scope of Work:
-
Construction of roads, drains, water supply, sewage, utility ducts for power and ICT, reuse waterline, and avenue plantation in Zone-12 villages of Amaravati Capital City, Andhra Pradesh.
-
-
Contract Type: Lumpsum contract (percentage tender) basis.
-
Project Execution Timeline:
-
Completion within 3 years.
-
Additional Defect Liability Period (DLP) of 2 years.
-
-
Project Value: ₹2,129.60 crore (excluding GST).
-
Domestic or International Contract: The order has been secured from a domestic entity.
-
Materiality of Order:
-
As per NCC Limited’s policy, orders exceeding ₹1,000 crore (excluding GST) are categorized as Major Orders.
-
This contract surpasses the threshold, making it a significant win for NCC Limited.
-
-
Promoter Group & Related Party Transactions:
-
No involvement of promoter/promoter group companies in this contract.
-
Not classified as a related party transaction.
-
Significance of the Order
This massive infrastructure project is a major boost for NCC Limited, reinforcing its role in nation-building and urban development. The project will contribute to the development of Amaravati Capital City, enhancing its connectivity, water management, and overall urban infrastructure.
This announcement is separate from other recent industry updates, such as Premier Explosives’ export orders in the defence sector and Diamond Power Infrastructure Limited’s Letter of Intent for power transmission projects.
NCC Limited’s latest order positions the company as a key player in large-scale urban infrastructure projects in India. The successful execution of this project will further solidify its reputation in the construction and development sector.
