NCC Gets ₹1,077 Crore Order For Drinking Water Supply Project From Andhra Government
Add Preferred News Source
NCC has received a ₹1,076.71 crore drinking water supply order from Andhra Pradesh’s Rural Water Supply and Sanitation Department for a Multi Village Scheme on Yeleru Reservoir.
NCC Ltd has secured a ₹1,076.71 crore order, excluding goods and services tax (GST), from the Rural Water Supply and Sanitation Department, Visakhapatnam, Government of Andhra Pradesh.
The project has a construction period of 24 months. NCC said its promoter, promoter group and group companies have no interest in the entity awarding the order. The company also stated that the contract does not fall under related-party transactions.
Following the announcement, NCC shares gained up to 5% on Tuesday, hitting a day's high of ₹137.30 on the National Stock Exchange (NSE), at 09:16 am. However, by 01:23 PM on 29 September 2026, the shares were trading in red, down 2.55% on the NSE.
What Is The New NCC Order For?
The order covers drinking water supply work under the Multi Village Scheme on Yeleru Reservoir. The project will serve the Anakapalli segment in Andhra Pradesh’s Anakapalli district.
NCC received the Letter of Acceptance for the project on 26 September 2026. A domestic entity has awarded the contract. The terms and conditions will follow the General Conditions of the Contract.
What Does NCC Do?
NCC Limited is an infrastructure and construction company. Its operations cover buildings, transportation, water and environment, electrical transmission and distribution, irrigation, mining and railways.
Its projects include roads and highways, bridges, airports, hospitals, water supply and treatment systems, dams, transmission networks, metro and rail infrastructure, and mining projects.
Also Read - QMS Allied Shares Hit 5% Upper Circuit After HCAH Deal
This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer
Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.
At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide, turning market noise into something worth reading.
When she's not decoding markets, she trades charts for canvases, chasing art, painting, and architecture across cities she's yet to explore.
Right Tools, Rich Insights
