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NCC has bagged four new orders worth Rs 8398 crore in the month of August 2023 under its electrical division as detailed below:
The company has received two orders, worth Rs 2822 crore and Rs 2933 crore from Maharashtra State Electricity Distribution Co. related to advance metering infrastructure project.
Another order worth Rs 2324 crore has been placed by North Bihar Power Distribution Co. for its advance metering infrastructure project.
The fourth order worth Rs 319 crore received from Bangalore Electricity Supply Co. is for upgradation of distribution automation system.
From the above, total orders worth Rs 5755 crore will form part of subsidiary companies (SPVs) order book and balance Rs 2643 crore will remain in NCC standalone order book.
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