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NCC Wins Rs 1,076.71 Crore Andhra Pradesh Water Project

NCC Wins Rs 1,076.71 Crore Andhra Pradesh Water Project
NCC Bags Rs 1,076 Crore Water Project, Andhra Pradesh Contract To Be Completed In 24 Months · freepressjournal.in

NCC Limited has won a large project to help supply drinking water in Andhra Pradesh.

The project will serve villages in the Anakapalli area.

It will use water connected to the Yeleru Reservoir.

The contract is worth Rs 1,076.71 crore before GST.

NCC received the award from a department of the Andhra Pradesh government.

The company is expected to complete the construction in 24 months.

NCC said its promoters do not have an interest in the government entity awarding the contract.

It also said the project is not a related-party transaction.

Key facts

Contract value
Rs 1,076.71 crore, excluding Goods and Services Tax
Awarding entity
Rural Water Supply and Sanitation Department, Visakhapatnam, Government of Andhra Pradesh
Project type
Drinking-water supply under a Multi Village Scheme
Project location
Anakapalli segment, Anakapalli district, Andhra Pradesh
Water source
Yeleru Reservoir
Completion period
24 months
Transaction status
NCC said the order is not a related-party transaction

Sources

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