New Launch30 Mar 2026, 01:21 pm
NBCC (India) Ltd Wins USD 75 Mn Affordable Housing Contract in Seychelles
AI Summary
NBCC (India) Ltd has been selected as the Project Management Consultant by the Government of Seychelles for a USD 75 Mn affordable housing project. The project involves the construction of 1008 housing units and associated infrastructure, including a sewage treatment plant. The project will be funded by EXIM bank under the Line of Credit (LoC) scheme. This is a significant milestone for NBCC (India) Ltd, expanding its footprint in international markets.
Key Highlights
- NBCC (India) Ltd has been chosen as the Project Management Consultant for a USD 75 Mn affordable housing project in Seychelles.
- The project includes the construction of 1008 housing units and associated infrastructure.
- The project will be funded by EXIM bank under the Line of Credit (LoC) scheme.
- This is a significant step for NBCC (India) Ltd in expanding its international presence.
- The project is expected to boost NBCC (India) Ltd's portfolio and financial performance.