NBCC (India) Limited has announced the receipt of new work orders amounting to approximately ₹801.20 crore. These orders, secured in the ordinary course of business, include the construction of hostels under the DA JGUA Scheme in Odisha for ₹20.82 crore, and PMC services for the Reserve Bank of India’s office and residential complexes in Andhra Pradesh for ₹780.38 crore. These significant new contracts bolster the company’s order book and future revenue streams.
NBCC India Awarded Significant New Contracts Totaling ₹801.20 Crore
NBCC (India) Limited has recently been awarded new work orders with an aggregate value of approximately ₹801.20 crore. These contracts were secured in the ordinary course of the company’s business and are expected to contribute substantially to its future revenue and project pipeline.
Project Details and Valuations
The new orders include:
- Construction of Hostels under DA JGUA Scheme in different districts of Odisha: This project has been awarded by the Odisha School Education Programme Authority (OSEPA) with an approximate value of ₹20.82 crore (excluding GST). The nature of this order is Project Management Consultancy and it is a domestic contract.
- PMC for Construction of Reserve Bank of India Complexes: This substantial order involves Project Management Consultancy (PMC) services for two key projects for the Reserve Bank of India. The scope includes the construction of a) the Office Complex of Reserve Bank of India at Nelapadu, Amaravati, Andhra Pradesh, and b) the Officers’ & Staff Residential Complex of Reserve Bank of India at Inavolu, Amaravati, Andhra Pradesh. This contract is valued at approximately ₹780.38 crore (excluding GST) and is also a domestic Project Management Consultancy project.
Total Order Value
The combined value of these newly awarded works amounts to a significant ₹801.20 crore. These contracts underscore NBCC India’s growing presence and capabilities in the infrastructure and project management sectors across the country.
Source: BSE
