A consortium of NCL Industries Ltd. and NCL Buildtek Ltd. has received Letters of Acceptance (LoA) of bids aggregating to Rs 1,863.19 crore for the supply of Pre-painted (GI) Steel Window Frames with Glazed Shutters and GI Powder-Coated Door Frames to the Andhra Pradesh State Housing Corporation Ltd. According to a press release issued by NCL, the selection of bids was made through a rigorous closed bidding process followed by a reverse auction amongst shortlisted bidders.
The order of about 8.56 lakh units of window-frames with shutters which costs Rs 1402.71 crore is to be supplied to six districts of East and West Godavari, Krishna, Guntur, YSR Kadapa, and Ananthapuram of Andhra Pradesh. As many as 7.72 lakh door frames for a total value of Rs. 460.48 crores are to be supplied to East and West Godavari, Krishna, Chittoor, and Ananthapuram districts, the release said.
"We are happy that NCL group is able to play a small role in the prestigious flagship program 'Pedalandariki Illu' of the Andhra Pradesh Government. Our goal for this project has been to keep the price affordable and provide a quality product. Owning a home is a dream for everyone and I am glad that NCL has an opportunity to contribute to this dream," K Ravi, MD, NCL Industries Ltd said.
The successful completion of the project may become the turning point for NCL groups, the company has completed 40 years of its existence in the industry.