NCCCL Wins Rs 1.13bn Lodha Housing Contract

08 Jan 2026 CW Team

New Consolidated Construction Company Ltd (NCCCL) has secured a Rs 1.125 billion construction contract from Lodha Developers Ltd for a residential project in Alibaug near Mumbai.

In a statement, NCCCL said it has received a letter of award for the construction of Tower 1 along with associated non-tower ancillary structures at the development. The contract was awarded through a competitive bidding process and covers a total built-up area of around 0.726 million sq ft. The estimated contract value of Rs 1.125 billion is exclusive of GST.

Construction at the Alibaug site is expected to commence in mid-January 2026, with an execution timeline of approximately 24 months.

This marks NCCCL’s third contract with the Lodha Group. The company has previously completed a large residential project at Palava spanning about 1.3 million sq ft across 11 towers, as well as a commercial building project in Thane.

Founded in 1946, Mumbai-based NCCCL is engaged in engineering and construction activities across residential, commercial, industrial and institutional segments.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Infrastructure Transport

06 Jul 2026

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Infrastructure Transport

06 Jul 2026

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..