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NCC wins order worth Rs 8,398 crore

Sep 1, 2023

By: BlinkX Research Team

The infrastructure company NCC reported receiving four contracts for Rs. 8,398 crore in August.

The company announced four contracts for completing electricity metering and distribution projects in a regulatory filing on August 1.

“The first two orders, worth Rs 5,755 crore from the Maharashtra State Electricity Distribution Corporation along with the third order from the North Bihar Power Distribution Corporation, are related to advanced metering infrastructure projects. These are expected to be executed on design, build, finance, own, operate, transfer basis,” the company said.

It stated that the Bangalore Electricity Supply Company placed the fourth order, costing Rs 319 crore, for the upgrade of its distribution automation system.

Source: Media Reports