LCC Projects bags ₹717 crore Rajasthan reservoir order through Yamuna JV
- Order win
- Civil construction and contracting
Reviewed byKeshav SehgalBlacklitt Research
LCC Projects (NSE: LCCPROJECT) has received a Letter of Acceptance worth ₹717.46 crore excluding GST through its joint venture NEC-LCC, it said in a filing on 06 Nov 2026. The order is for the Dhanoti reservoir in Churu district, Rajasthan, and LCC's share of the joint venture is 30%.
Key highlights
- Contract value: ₹717.46 crore excluding GST
- LCC's share in NEC-LCC JV: 30%
- Construction period: 24 months, including rainy season
- Operation and maintenance period: 10 years
The contract in numbers
| Item | Detail |
|---|---|
| Awarded by | Office of the Additional Chief Engineer, Yamuna Water Zone, Jaipur |
| Awarded to | NEC-LCC (JV), in which LCC's share is 30% |
| Value | ₹717.46 crore excluding GST |
| Contract type | EPC turnkey, domestic |
| Construction period | 24 months, including rainy season |
| O&M period | 10 years |
| Location | Tehsil Rajgarh, District Churu, Rajasthan |
| Related party | Not a related party transaction |
Order size and scope
The order is an EPC turnkey contract for the construction of an artificial reservoir at Dhanoti (Reservoir-A) of the Hansiyawas Reservoir Complex in District Churu Phase-I, under the Yamuna Water Project. The scope includes survey, design, construction, and operation and maintenance of the reservoir system.
The contract value of ₹717.46 crore is stated for the joint venture as a whole. LCC's 30% share of that value is ₹215.24 crore, a figure derived from the stated stake and not given in the filing.
Timing and the company's position
The filing gives a construction period of 24 months, including the rainy season, followed by an operation and maintenance period of 10 years. It does not state when the construction period starts.
The company says the order was received in the ordinary course of business and forms part of its regular civil construction and contracting activities. Its latest reported quarter, Q2 FY27, showed consolidated total income of ₹891.87 crore and net profit of ₹76.95 crore.
What the order means for LCC Projects' shareholders
The order adds a contract worth ₹717.46 crore, excluding GST, to the company's order book, with LCC's 30% share held through the joint venture. Chairman and Managing Director Arjan Suja Rabari says the project strengthens the order book visibility and marks continued expansion into large-scale water infrastructure development.
Not stated in the filing: LCC's share of the contract value in rupees beyond the derived figure, the margin or profit expected from the project, the payment terms and funding, and the reason the Yamuna Water Project awarded the order to the joint venture. The next dated step in the filing is the 24-month construction period, whose start date is not given.
Filed with NSE on . Reference: Original filing (PDF)
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