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Business
LCC Projects JV secures ₹717 crore water‑reservoir contract in Rajasthan
✍️ CNBC TV18
🗓 07 Nov 2026, 03:02 AM
👁 17
Construction joint venture LCC Projects has been awarded a ₹717 crore contract to build a water reservoir in Rajasthan, according to CNBC TV18.
LCC Projects, operating as a joint venture, has won a government tender to construct a large water‑storage reservoir in the state of Rajasthan. The contract, valued at approximately ₹717 crore, is part of the state’s effort to augment water availability for agriculture and drinking purposes.
The award was announced by Rajasthan’s water resources department, which highlighted the strategic importance of the reservoir in addressing seasonal water scarcity. LCC Projects will be responsible for the full project lifecycle, including design, civil works, and commissioning.
The firm expects the project to commence within the next few weeks, with an anticipated completion timeline of 24‑30 months, subject to regulatory clearances and monsoon conditions. The contract underscores the growing involvement of private sector firms in large‑scale infrastructure development across India.
The award was announced by Rajasthan’s water resources department, which highlighted the strategic importance of the reservoir in addressing seasonal water scarcity. LCC Projects will be responsible for the full project lifecycle, including design, civil works, and commissioning.
The firm expects the project to commence within the next few weeks, with an anticipated completion timeline of 24‑30 months, subject to regulatory clearances and monsoon conditions. The contract underscores the growing involvement of private sector firms in large‑scale infrastructure development across India.