NBCC Secures Rs 501.45 Cr in Work Orders Across Various Infrastructure Projects
NBCC (India) Ltd has been awarded multiple work orders totaling approximately Rs 501.45 Crore, spanning various sectors such as educational facilities and specialized infrastructure creation, the company announced today. These contracts represent significant additions to NBCC’s ongoing project portfolio.The total contract value of Rs 501.45 Cr comes from four distinct projects awarded by different clients, categorized as Project Management Consultancy or Engineering Procurement Construction (EPC).
A major component of these orders involves the construction of educational facilities for Rajasthan. The company was awarded a substantial contract worth Rs 430.69 Cr to construct 2256 Science Laboratories (Physics, Chemistry & Biology) in 922 Government Schools across Rajasthan on a Turnkey Basis. This project is commissioned by the Rajasthan Council of School Education.
The remaining contracts are spread across technology and CSR initiatives undertaken by Power Finance Corporation Limited (PFC) and Bharat Electronics Limited (BEL).
NBCC secured an Engineering Procurement Construction (with PMC) contract from Bharat Electronics Limited for creating Infrastructure Facilities for NFTRs at BEL, valued at Rs 60.61 Cr. Furthermore, the company received two contracts from Power Finance Corporation Limited (PFC). One project involves being appointed as a Project Management Agency (PMA) for building a state-of-the-Art Facilitation Centre for Tourists in Aizawl, Mizoram under PFC's CSR initiatives, with a value of Rs 5.38 Cr. The second PFC contract is also a PMA engagement focused on executing a CSR project for the construction of a school building at Dr. K.B. Hedgewar Higher Secondary School in Cujira, Goa, valued at Rs 4.77 Cr.
The details of the contracts awarded to NBCC (India) Ltd are summarized below:
| Client Name | Project Scope | Approximate Value (Excl. GST) |
|---|---|---|
| Rajasthan Council of school Education | Construction of 2256 Science Laboratories in 922 Government Schools of Rajasthan on Turnkey Basis. | Rs 430.69 Cr. |
| Bharat Electronics Limited | Engineering Procurement Construction (with PMC) Contract to Create Infrastructure Facilities for NFTRs at BEL. | Rs 60.61 Cr. |
| Power Finance Corporation Limited | Project Management Agency (PMA) for construction of state-of-the-Art Facilitation Centre for Tourists at Aizawl, Mizoram under PFC's CSR initiatives. | Rs 5.38 Cr. |
| Power Finance Corporation Limited | Project Management Agency (PMA) for execution of CSR Project for Construction of school building in Goa under PFC's CSR initiatives. | Rs 4.77 Cr. |
NBCC Stock Price Movement
As of 11:17 AM, shares of NBCC (India) Limited are slipping by 1.99%, trading down ₹2.02 to currently sit at ₹99.47. The stock has seen heavy activity in live market trading, with over 5.88 million shares traded today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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