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28th Sep · SEBI Registration INH000017736

LCC Projects: ₹653 Cr Rajasthan Irrigation Order

LCC Projects Limited

LCCPROJECT
has emerged as the L-1 bidder for a ₹653.34 crore irrigation project in Rajasthan. The company has emerged as the L-1 bidder for the Chhoti Kalisindh Medium Irrigation Project in Rajasthan. The estimated project value is ₹653.34 crore and involves construction of an irrigation system based on sprinkler technology with a solar-power component at the Chhoti Kalisindh and Chahurni rivers in Gangdhar, Jhalawar. The project adds a sizeable infrastructure opportunity to LCC Projects' order pipeline. The use of sprinkler irrigation and solar power also gives the contract a combination of water infrastructure and renewable-energy components. My view is that the L-1 status should not be treated as booked revenue yet. The important next step is the formal award and subsequent execution. Once awarded, the size of the contract could provide meaningful order-book visibility, but the eventual earnings contribution will depend on execution speed and project margins. I will watch for the final work order, project commencement and execution progress before assessing the financial impact. Stance: Tracking the project from L-1 status to formal award and execution. Disclosure: Add your actual holding, position or interest disclosure before publishing.

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