NCC bags Rs 2,090.5 crore Bihar reservoir construction order
NCC · price
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NCC received a domestic order from Bihar's Water Resources Department to construct the Barnar reservoir, dam structures, irrigation channels and related works. The contract is worth about Rs 2,090.5 crore excluding GST, with a 30-month execution period and a 60-month defect liability period.
The order strengthens NCC's order book and revenue visibility, although earnings will depend on timely execution and project margins.