LCC Projects JV Secures ₹717.46 Crore Contract for Yamuna Water Project Reservoir
NEC-LCC (JV), in which LCC Projects Limited holds a 30% share, has received a Letter of Acceptance for ₹717.46 Crore for the construction of an Artificial Reservoir under the Yamuna Water Project. The project includes construction, operation, and maintenance, with a 24-month construction period and a 10-year O&M phase.
The contract value of ₹717.46 Crore is substantial and will significantly contribute to the company's revenue and order book, impacting its financial performance.
The company has secured a significant new order, which is a positive development for its business and order book.
LCC Projects Limited, through its joint venture NEC-LCC (JV), has received a Letter of Acceptance from the Office of the Additional Chief Engineer, Yamuna Water Zone, Jaipur, for a contract valued at ₹717.46 Crore (excluding GST).
The scope of work involves the construction of an Artificial Reservoir at Dhanoti (Reservoir-A) of the Hansiyawas Reservoir Complex in District Churu Phase-I, under the Yamuna Water Project. This includes survey, design, construction, and operation & maintenance of the reservoir system, located in Tehsil: Rajgarh, District: Churu, Rajasthan. The Company's share in the Joint Venture is 30%.
Mr. Arjan Suja Rabari, CMD, expressed pleasure in being associated with the Yamuna Water Project, highlighting its significance in enhancing water security and irrigation potential. He stated that the project reflects the company's strong execution capabilities and expertise in delivering complex infrastructure projects, strengthening its order book visibility and expansion into large-scale water infrastructure development.
The contract is to be executed on an EPC Turnkey Basis. The construction period is 24 months, including the rainy season, followed by an operation and maintenance period of 10 years.
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LCC Projects Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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