Big news from the infrastructure world! ๐ NCC Limited (Symbol: NCC), a prominent player in India’s construction sector, has landed a massive new contract that’s set to boost its order book significantly.
The company announced it has secured a Letter of Acceptance dated 11th July 2025 from the Mumbai Metropolitan Region Development Authority (MMRDA) for a crucial part of the Mumbai Metro Line 6 project. This isn’t just any contract; it’s valued at an impressive โน2,269 Crore (excluding GST)!
So, what’s NCC going to be doing? This isn’t just about laying tracks. The scope of work is comprehensive, covering the Design, Manufacture, Supply, Installation, Integration, Testing, and Commissioning of a whole host of critical systems for Line 6. We’re talking about everything from Rolling Stock (the trains themselves! ๐) to Communication-Based Signaling & Train Control, Telecommunication Systems, Platform Screen Doors, and even Depot Machinery & Plant. Essentially, NCC will be instrumental in bringing a vital section of Mumbai’s metro network to life, specifically the stretch from Swami Samarth Nagar to Vikhroli (EEH) as part of Package 1-CA-232.
This project is a long-term commitment. The construction phase is slated for 24 months. But NCC’s involvement doesn’t end there! The contract also includes a 2-year Defect Liability Maintenance Period (DLMP) followed by a substantial 5-year Comprehensive Maintenance period after the DLMP. This means a steady stream of work and revenue for years to come.
For a company like NCC, which last traded at โน220.85, down 1.2% before market close, securing such a large and complex domestic order from a prestigious client like MMRDA underscores its strong capabilities and position in the infrastructure development space. It’s a testament to their expertise in handling large-scale, multi-faceted urban transport projects.
This win highlights the ongoing momentum in India’s infrastructure push, particularly in urban mobility, and positions NCC well for future growth. Keep an eye on how this major project unfolds! ๐๏ธ
source: Corporate Announcement