LCCPROJECTLCC Projects Limited

    LCC Projects receives a ₹151.57 crore Gujarat water-supply contract

    • Order win

    Blacklitt Research2 min read

    A pump sending water into an irrigation channel beside a green field
    Illustrative image. Photo: Tim Hunt, U.S. Army, via Wikimedia Commons (public domain)

    LCC Projects Limited has told the exchanges that it received an Acceptance of Tender from the office of the Executive Engineer, Sauni Yojana Division, Rajkot, Government of Gujarat, on 16 Oct 2026. The work is an engineering, procurement and construction (EPC) contract with an estimated value of ₹151.57 crore, excluding GST.

    The contract covers supplying water from the Machhu-I Dam to the Triveni Thanga Reservoir and to various villages of Wankaner and Chotila Taluka. It also includes operation and maintenance of the commissioned project for 10 years.

    The filing gives a construction period of 24 months, followed by the 10-year operation and maintenance period. The contract is domestic, and the formal contract is still to be executed in line with the tender conditions.

    LCC Projects states that no promoter, promoter group or group company has an interest in the entity that awarded the contract, and that the order is not a related party transaction. The company says it will update the exchanges if there are further developments.

    Inference

    The filing adds a ₹151.57 crore EPC contract, excluding GST, to LCC Projects’ work with a state government body. The work runs for a 24-month construction period followed by 10 years of operation and maintenance, so the contract’s activity is spread over a long period rather than a single year.

    The formal contract is still to be executed in line with the tender conditions, so the terms are not final yet. How the contract affects the company’s revenue and profit over time is not stated in the filing. Shareholders may want to watch for the update the company has said it will give on further developments.

    Reference: Original filing (PDF)

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