
Deals7 Jan 2025, 05:46 pm
NCC Limited Receives Rs. 501 Crore Order from Rail Infrastructure Development Company
AI Summary
NCC Limited, a large Construction and Infrastructure Development Company, has received a Letter of Acceptance (LoA) from Rail Infrastructure Development Company (Karnataka) Limited for the construction of eight stations for the Bengaluru Suburban Rail Project. The order value is Rs. 501 crore (inclusive of all taxes and GST) and is to be executed within 24 months from the date of signing the contract agreement. This order is in the normal course of business and will be disclosed in the regular monthly disclosure to the Stock Exchanges for orders received during the month of January 2025.
Key Highlights
- NCC Limited receives order worth Rs. 501 crore from Rail Infrastructure Development Company (Karnataka) Limited.
- The order is for the construction of eight stations for the Bengaluru Suburban Rail Project.
- The order is to be executed within 24 months from the date of signing the contract agreement.
- This order is in the normal course of business and will be disclosed in the regular monthly disclosure to the Stock Exchanges.
- NCC Limited is a large Construction and Infrastructure Development Company.