NBCC Wins Major Work Orders Valued at Rs 801.20 Crore
NBCC (India) Limited has been awarded substantial new projects in its ordinary course of business, securing work orders that total approximately Rs 801.20 crore (excluding GST). The contracts include significant assignments related to construction and project management consultancy for institutions such as the Reserve Bank of India and the Odisha School Education Programme Authority (OSEPA).The company secured two major projects through domestic clients. One contract involves the Construction of Hostels under the DA JGUA Scheme in various districts of Odisha, with the awarding entity being the Odisha School Education Programme Authority (OSEPA). This project is valued at approximately Rs 20.82 crore (excluding GST).
A much larger contract has been awarded by the Reserve Bank of India (RBI). This project pertains to Project Management Consultancy (PMC) for constructing two facilities in Amaravati, Andhra Pradesh: an Office Complex for RBI and an Officers' & Staff Residential Complex. The value of this assignment is approximately Rs 780.38 crore (excluding GST).
The successful acquisition of these projects underscores NBCC’s continued engagement across various sectors through its core business activities.
A summary of the recently awarded work orders stands as follows:
| Client Name | Nature of Work | Approximate Value (Excl. GST) |
|---|---|---|
| Odisha School Education Programme Authority (OSEPA) | Construction of Hostels under DA JGUA Scheme in Odisha | Rs 20.82 Cr |
| Reserve Bank of India (RBI) | PMC for Construction of Office and Staff Residential Complex in Amaravati | Rs 780.38 Cr |
| TOTAL | Rs 801.20 Cr |
NBCC Stock Price Movement
NBCC (India) Limited shares today edged higher, closing at ₹96 after gaining 1.22% in the close. The stock saw robust trading, with over 5.78 million shares transacted during the session.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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