NCC Secures Rs 20.91 Billion Barnar Reservoir Contract

18 Sep 2025 CW Team

Infrastructure company NCC Ltd on Monday announced it has received a Letter of Acceptance from the Water Resources Department, Bihar, for the construction of the Barnar Reservoir Scheme in Jamui district.

The contract, valued at approximately Rs 20.91 billion (excluding GST), includes building the reservoir, dam structures, irrigation channels, and other associated works. The project will be executed over a 30-month construction period, followed by a 60-month defect liability period, the company said in a filing to the stock exchanges.

This award follows a series of significant contracts secured by the Hyderabad-based firm in recent months. In June, NCC announced new orders worth Rs 16.91 billion for its building division from state government agencies and a private firm. Around the same time, it secured a Rs 22.69 billion order from the Mumbai Metropolitan Region Development Authority (MMRDA) for work on Metro Line 6, including rolling stock, signalling, telecom, and depot machinery.

Despite strong order inflows, NCC’s financial performance in Q1FY26 showed some pressure. Net profit fell 8.4 per cent year-on-year to Rs 1.92 billion, while revenue from operations declined 6.3 per cent to Rs 51.79 billion.

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