NCC Limited has received a major contract worth ₹6,828.94 crore (excluding GST) from Central Coalfields Limited for coal and overburden extraction and transportation work at the Amrapali Opencast Project (OCP) in the Chandragupt Area of Jharkhand.In a stock exchange filing on Saturday (October 25), the company said it received the Letter of Acceptance on October 24.
The project involves hiring heavy earth-moving machinery (HEMM) for removing 413.59 million cubic metres of overburden, extracting 233.325 million tonnes of coal, and transporting it to the Shivpur siding and surface stockyard.
The scope of work also includes wagon loading of 139.995 million tonnes of coal at Shivpur siding.NCC will execute the project over a total period of 2,915 days, comprising a 360-day development phase and a seven-year production period.
The company clarified that the order was awarded by a domestic entity and does not involve any related-party transactions. The promoters or promoter group do not have any interest in Central Coalfields Limited.
