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The project carries a potential gross development value of over ₹4,800 crore, adding meaningfully to the company’s residential development pipeline.

The acquired land offers a development potential of around 5 million square feet, with an estimated revenue potential of more than ₹5,000 crore at the top line level.

The order has been awarded to the HCC VCCL joint venture in which HCC holds a 65 percent stake.

As per the data shared, as of 12.30 PM, the rights issue has received bids of about 130 Crore shares against 80 Crore shares offered for subscription.

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As per the company’s disclosure, NLC India has awarded this order to the company, on behalf of NLC India Renewables.

As part of the project, the company will construct a four-lane elevated road in Jodhpur, Rajasthan from Mahamandir to Akhaliya Chouraha.

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Following this order win, the company said its open order position stands at around ₹2,520 crore as on date, reflecting steady demand for its products from key user industries.

Revenue from operations rose 19 percent to ₹2,910.2 crore from ₹2,446 crore reflecting steady execution momentum across its ongoing project portfolio.