NACDAC Infrastructure Ltd achieves Substantial Completion of Bus Terminal and Workshop Building Project at Ramnagar, Uttarakhand

NACDAC Infrastructure Limited, a leading construction and infrastructure development company, is pleased to announce that it has received a Completion Certificate (Substantial) from Uttarakhand Peyjal Sansadhan Vikas Evam Nirman Nigam, Construction Unit - Haldwani for the successful execution of infrastructure works in the state of Uttarakhand.

Project Details

The Company has executed the following project:

"Construction of Bus Terminal and Workshop Building for UTC at Ramnagar, District Nainital, Uttarakhand."

Client: Uttarakhand Peyjal Sansadhan Vikas Evam Nirman Nigam (Construction Unit - Haldwani)

- Contract Agreement No.: 36/GM (Kumaon)/2022-23
- Contract Value: ₹20,97,19,305 (Rupees Twenty Crore Ninety-Seven Lakh Nineteen Thousand Three Hundred Five Only) - Excluding GST

Break-up:

- Civil Works - ₹18, 30,49,598
- Electrical Works - ₹2, 66, 69,707
- Actual Date of Start: 02 March 2023
- Work Completion Status: 99.81% Completed
- Value of Work Completed and Billed: ₹20, 93, 15,369 (Excluding GST)
- Extension of Time: Granted by the Client

Scope of Work

The project involved the construction of a Bus Terminal Building and Workshop Building consisting of RCC framed structure (Basement + Ground + 1 Floor) including:

- Electrical works
- Plumbing works
- Waterproofing works
- Steel structure works
- Firefighting systems

Strategic Significance

The successful execution of this project further strengthens NACDAC Infrastructure Limited's presence in the public infrastructure sector, demonstrating the Company's capability to deliver technically complex projects for government clients.

This project contributes to the development of public transport infrastructure in Ramnagar, Uttarakhand, supporting improved operational efficiency and service capability for the Uttarakhand Transport Corporation (UTC).

With this project completion, NACDAC Infrastructure Limited continues to expand its portfolio of infrastructure development projects across India, supporting the development of modern and efficient public infrastructure.

Shares of NACDAC Infrastructure Limited was last trading in BSE at Rs. 23.25 as compared to the previous close of Rs. 23.20. The total number of shares traded during the day was 4000 in over 1 trades.

The stock hit an intraday high of Rs. 23.25 and intraday low of 23.25. The net turnover during the day was Rs. 93000.00.

Source : Equity Bulls

Keywords

NACDACInfrastructure CivilConstruction INE0LB101011 CompletionCertificate