NCC secures INR 2,129.60 crore order from APCRDA

NCC Limited (BSE: NCC) announced today that it has received a Letter of Acceptance from the Andhra Pradesh Capital Region Development Authority (APCRDA) for a major infrastructure project. The order, valued at ₹2129.60 crore excluding GST, encompasses the construction of roads, drains, water supply, sewage systems, utility ducts for power and ICT, reuse waterline, and avenue plantation in Zone-12 villages within the Amaravati Capital City. The project is structured as a lumpsum contract based on a percentage tender basis. The construction is slated to be completed within three years, followed by a two-year Defect Liability Period (DLP). According to NCC's internal policies, this contract qualifies as a 'Major Order' due to its value exceeding ₹1000 crore.