NBCC (India) Limited announced the receipt of a significant project consultancy order, valued at approximately Rs 58.61 Crore (excluding GST). The work has been awarded by the Maharaja Sriram Chandra Bhanja Deo University in Baripada, Odisha. This contract involves comprehensive Project Management Consultancy services for infrastructure development works, reinforcing NBCC’s engagement in the education sector. The order is considered to be in the ordinary course of business for the Navratna CPSE.
NBCC Awarded New Consultancy Contract
NBCC (India) Limited, a Government of India Enterprise, has secured a new work order through its normal business operations. The official intimation was dated March 23, 2026. The total value of the awarded work is approximately Rs 58.61 Crore, excluding Goods and Services Tax (GST).
Project Details and Client Information
The client awarding this contract is the Maharaja Sriram Chandra Bhanja Deo University, located in Baripada, Mayurbhanj, Odisha. This marks a continuation of NBCC’s involvement in significant domestic infrastructure projects.
Key Terms of the Contract (Annexure-I Summary)
- Awarding Entity: Maharaja Sriram Chandra Bhanja Deo University, Baripada, Mayurbhanj, Odisha.
- Nature of Work: Project Management Consultancy.
- Scope of Work: Construction of various buildings, roads, and drains, including Electrical and Mechanical Works, funded under an Infrastructure Development Grant.
- Contract Type: The order was awarded by a Domestic entity.
- Consideration Size: Approximately Rs 58.61 Cr. (Approx.).
Compliance and Disclosure
The document confirms that NBCC does not have any promoter interest in the entity that awarded the contract, and the transaction does not fall within related party transactions. This information has been simultaneously disclosed on the Company’s official website for public record, adhering to regulatory mandates.
The communication was officially signed by Deepti Gambhir, Company Secretary (F-4984), for and on behalf of NBCC (India) Limited.
Source: BSE
