NBCC (India) Limited has been formally engaged by the Government of the Republic of Seychelles to serve as the Project Management Consultant (PMC). The mandate involves overseeing the planning, design, and procurement for a significant development, including 1008 affordable housing units and associated infrastructure, such as a Sewage Treatment Plant (STP). The total project value is estimated at USD 75 Million, financed through the EXIM Bank under the Line of Credit (LoC) scheme.
Project Management Consultancy Secured
NBCC (India) Limited has received the Letter of Intent and in-principle agreement from the Government of the Republic of Seychelles. NBCC is appointed to act as the Project Management Consultant (PMC) for a crucial development project.
Scope of Work and Financial Details
The engagement requires NBCC to provide comprehensive services, including planning, design, and procurement. The core objective is the execution of 1008 affordable housing units. Furthermore, the consultancy covers essential associated infrastructure requirements, notably the establishment of a Sewage Treatment Plant (STP).
The total estimated value of the specified project stands at USD 75 Million. Funding for this undertaking is confirmed to be provided by the EXIM Bank, operating under the specialized Line of Credit (LoC) scheme.
Regulatory Filing Date
This significant international engagement was formally communicated to the stock exchanges on March 30, 2026, confirming NBCC’s expanded global consultancy footprint.
Source: BSE
