NCC Limited shares climbed more than 2% in early trade today after the company announced a major contract win worth ₹6,828.94 crore (excluding GST) from Central Coalfields Limited, a subsidiary of Coal India. As of 9:35 AM, the shares were trading 1.81% higher at Rs 213.36.
In a regulatory filing dated October 24, 2025, NCC confirmed receiving a Letter of Acceptance (LoA) for a large-scale project involving extraction and transportation of overburden (OB) and coal at the Amrapali Open Cast Project (OCP) in the Chandragupt Area of Jharkhand.
According to the filing, the contract includes hiring of Heavy Earth Moving Machinery (HEMM) for the removal of 413.59 million cubic meters of overburden and extraction of 233.325 million tonnes of coal. The extracted coal will be transported to Shivpur siding and surface stock yard under various lead slabs, along with wagon loading of 139.995 million tonnes of coal at the Shivpur siding.
The project is set to be executed over a total duration of 2,915 days, which includes a development period of 360 days and a production period of seven years.
NCC confirmed that the order has been awarded by a domestic entity, with no promoter or group company interest, and does not fall under related-party transactions.
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