NCC Ltd bags 2 orders worth ₹10,804 cr from BSNL
In a major development, Nagarjuna Construction Company Ltd (NCC) has received two advance work orders worth a whopping ₹10,804.56 crore from Bharat Sanchar Nigam Limited (BSNL). The orders are for the design, construction, operation, and maintenance of the middle-mile network of BharatNet, a flagship project of the Indian government aimed at connecting rural areas with high-speed internet.
According to a press release issued by NCC, the two orders are worth ₹2647.12 crore and ₹8157.44 crore, respectively, taking the total value to ₹10,804.56 crore. The orders cover four telecom circles, including Uttarakhand, Madhya Pradesh, Dadra & Nagar Haveli, and Daman & Diu.
The BharatNet project is a significant initiative of the government to bridge the digital divide in rural India. The project aims to provide high-speed internet connectivity to rural areas, enabling citizens to access various government services, education, and healthcare facilities online.
NCC, a leading construction firm in India, has bagged these orders in a competitive bidding process. The company has a strong track record of executing large-scale infrastructure projects, including construction of roads, highways, and buildings.
“We are pleased to receive these orders from BSNL, which demonstrates our expertise and capabilities in executing complex infrastructure projects,” said NCC Managing Director and Chief Executive Officer, Shyam Sunder. “We are committed to delivering high-quality projects on time and within budget, and these orders will further strengthen our presence in the infrastructure sector.”
The orders are a significant boost to NCC’s business, which has been growing steadily in recent years. The company has a diverse portfolio of projects, including construction of roads, highways, buildings, and industrial projects. NCC has also been expanding its presence in the defence sector, having received orders from the Indian Army and Navy.
The BharatNet project is a significant opportunity for NCC to demonstrate its capabilities in executing large-scale infrastructure projects. The project requires the construction of over 1.1 lakh km of optical fibre cables, in addition to the installation of network equipment and other infrastructure.
NCC has a strong team of engineers and technicians who have expertise in executing complex infrastructure projects. The company has also partnered with leading technology firms to ensure that the project is executed using the latest technology and best practices.
The orders from BSNL are a testament to NCC’s commitment to delivering high-quality projects on time and within budget. The company has a strong track record of executing projects on time, and has received numerous awards and recognitions for its work.
In conclusion, NCC’s bagging of two orders worth ₹10,804.56 crore from BSNL is a significant development in the Indian infrastructure sector. The orders demonstrate NCC’s capabilities in executing complex infrastructure projects, and its commitment to delivering high-quality projects on time and within budget. The BharatNet project is a significant opportunity for NCC to demonstrate its expertise, and the company is well-positioned to deliver the project successfully.
