LCC Projects Share Price Up Over 2%; Receives ₹703 Crore Order from Gujarat Water Supply and Sewerage Board

LCC Projects Limited has received a Letter of Intent (LOI) worth ₹703 crore from the Gujarat Water Supply and Sewerage Board (GWSSB). The contract, excluding GST, was awarded on November 2, 2026. 

What Does the ₹703 Crore Order Cover? 

The project involves the design and construction of an intake well with an approach bridge, along with rising main pipelines, an RCC sump and a pump house. 

LCC Projects will also handle pumping machinery, electrical and instrumentation work, SCADA systems, staff quarters and a compound wall. The work will cover various headworks and sub-headworks under the water supply scheme. 

18-Month Execution Period 

As stated in the company's filing, the project is scheduled for execution within 18 months from the LOI date. This period includes three months of trial and run. 

The contract also includes comprehensive operation and maintenance (O&M) of the entire project scope for 10 years. LCC Projects will be responsible for completing the work and fulfilling the contractual obligations. 

Read More: Garden Reach Shipbuilders & Engineers Share Price Gains 6%; Board Meet Rescheduled! 

LCC Projects Share Price Performance 

As of November 03, 2026, at 2:59 PM, LCC Projects share price was trading at ₹136.03 per share, reflecting a 2.18% surge from previous closing price. 

Conclusion 

The ₹703 crore order adds a major water infrastructure project to LCC Projects' work portfolio. Along with construction, the company will also be responsible for operating and maintaining the project for 10 years. 

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