NCC Secures ₹3,389 Crore Dam Project in Madhya Pradesh

NCC LTD
Image Courtesy: NCC LTD

NCC Ltd. announced that it has received a letter of acceptance from the Ken-Betwa Link Project Authority for the engineering, procurement, and construction (EPC) execution of the Daudhan Dam under the Ken-Betwa link project. The project, valued at ₹3,389.49 crore (excluding GST), is expected to be completed within 72 months from the start date, the company stated in a regulatory filing on November 28.

Earlier this month, NCC reported securing orders worth ₹3,496 crore in October, with the building division accounting for ₹2,684 crore, the electrical division ₹538 crore, and the water and other division ₹274 crore. For the September quarter, the company recorded ₹4,760 crore in new orders, bringing its total order book to ₹52,370 crore.

NCC has projected an order inflow of ₹20,000 crore to ₹22,000 crore for the current financial year, alongside a revenue growth target exceeding 15%. The company also expects its EBITDA margin for the year to range between 9.5% and 10%, according to its guidance.

NCC Limited, formerly known as Nagarjuna Construction Company, is one of India’s leading infrastructure and construction companies, renowned for its expertise in diverse sectors. With a robust presence across buildings, roads, water supply, irrigation, power, and urban infrastructure, NCC has consistently contributed to the nation’s development through its high-quality and large-scale projects.

The company boasts a strong order book of over ₹50,000 crore and continues to secure significant contracts, such as the ₹3,389 crore Daudhan Dam project under the Ken-Betwa link. With a focus on operational excellence, sustainable practices, and technological innovation, NCC aims to achieve substantial growth, targeting annual order inflows of ₹20,000–₹22,000 crore and revenue growth exceeding 15%. Known for its commitment to timely execution and quality delivery, NCC remains a key player in India’s infrastructure landscape.