Free weekly newsletter
Get the free weekly contract digest
The new new contracts, who’s behind them, and what they mean — delivered to your inbox every week. No credit card, unsubscribe anytime.
Weekly Digest
New new contracts, summarized for you
Straight to Inbox
No login, no app to check — it comes to you
Contract Trends
See who's moving and how much in your market
No credit card required Weekly contract digest
M/s. Nagarjuna Construction Company Ltd (NCC Ltd) Awarded ₹1,362 Crore Road Concretisation Contract by BMC
Nov 19, 2024•over 1 year ago
Contract Type
contract
Description
The concretisation project for 212 roads across eight municipal wards in South Mumbai has faced significant delays, despite the BMC awarding the contract to M/s. Nagarjuna Construction Company Ltd (NCC Ltd) for approximately Rs. 1,362 crores. The project, aimed at improving road infrastructure in the island city, has encountered challenges related to traffic clearances, limited construction space, and higher contractor rates.
Agreement Insights
Based on industry dataContract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months