NBCC (India) Limited has been awarded a new contract for the construction of 170 new school buildings under the Supplementary Project Approval Board (PAB) for the year 2025-26. The approximate value of this order, excluding GST, is ₹121.74 crore. This contract is in the ordinary course of business for the company and contributes to its growing order book in the infrastructure development sector.
NBCC Secures New School Construction Contract
NBCC (India) Limited has announced the receipt of a new work order valued at approximately ₹121.74 crore (excluding GST). The contract is for the construction of 170 new school buildings, intended to replace dilapidated structures. This project falls under the purview of the Supplementary Project Approval Board (PAB) for the academic year 2025-26.
Project Details and Value
The client awarding this significant contract is the Rajasthan Council of School Education. The work involves the comprehensive construction of new school facilities, ensuring improved educational infrastructure. The approximate value of the order, as confirmed by NBCC (India) Limited, stands at ₹121.74 crore before the application of Goods and Services Tax (GST).
Normal Course of Business
NBCC (India) Limited has stated that this contract is a part of its regular business activities and does not fall under related party transactions. Further details regarding the order are available in Annexure-I of the official announcement and on the company’s website, indicating a transparent disclosure process.
Source: BSE
