NBCC (India) Limited has been awarded work orders totaling approximately ₹134.05 Crore in the ordinary course of business. These projects are located in Odisha, and they relate to construction, repair, and renovation work at Maharaja Sriram Chandra Bhanja Deo University and implementation of civil works under the Godabarisha Mishra Adarsha Prathamika Vidyalaya Scheme. These new acquisitions will contribute to NBCC’s ongoing business activities.
New Project Details
NBCC (India) Limited announced that it has recently secured new work orders amounting to ₹134.05 Crore. These orders are related to projects in Odisha, focusing on construction and renovation.
Breakdown of the Orders
Construction at Maharaja Sriram Chandra Bhanja Deo University
A significant portion of the new work involves construction, repair, and renovation at Maharaja Sriram Chandra Bhanja Deo University under the PM-USHA initiative. The project is valued at ₹45.87 Crore (excluding GST).
Godabarisha Mishra Adarsha Prathamika Vidyalaya Scheme
NBCC will also be implementing civil works under the Godabarisha Mishra Adarsha Prathamika Vidyalaya Scheme, which is worth approximately ₹88.18 Crore (excluding GST). This project involves civil construction work in schools under the Odisha School Programme Authority.
Significance of These Projects
The acquisition of these projects represents a significant step for NBCC, demonstrating the company’s capacity to secure and manage projects. These new projects are part of the normal course of business for NBCC and will help drive the company’s continued growth.
Source: BSE