Business Update5 Aug 2026, 02:56 pm
NBCC Secures ₹801.20 Cr in New Contracts
AI Summary
NBCC (India) Limited has announced the award of new works totaling approximately ₹801.20 crore (excluding GST). The contracts include the construction of hostels under the DA JGUA Scheme in Odisha for the Odisha School Education Programme Authority (OSEPA), valued at ₹20.82 crore. Additionally, NBCC will undertake Project Management Consultancy (PMC) for the construction of the Reserve Bank of India's office complex and residential complex in Amaravati, Andhra Pradesh, valued at ₹780.38 crore. These projects fall within the company's normal course of business.
Key Highlights
- NBCC awarded new contracts worth ₹801.20 Cr.
- Contracts include hostel construction and RBI complex PMC.
- Projects are in the normal course of NBCC's business.
- Significant value addition from Reserve Bank of India contract.
Price Impact
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