New Delhi: NBCC (India) Limited has secured work orders worth approximately ₹103.47 crore from Power Finance Corporation Limited (PFC) to execute Corporate Social Responsibility (CSR) projects across multiple states in India.
The company shared this development through a regulatory filing with the National Stock Exchange (NSE) and the BSE on May 7, 2026.
NBCC Appointed as Project Management Agency
Under the agreement, PFC has appointed NBCC as the Project Management Agency (PMA) for implementing various CSR initiatives. These projects will be carried out across different regions of the country, focusing on development and welfare activities under CSR programs.
₹103.47 Crore Contract Under Ordinary Business Operations
According to NBCC’s official filing, the total value of the awarded projects stands at ₹103.47 crore (excluding GST). The company clarified that the order is part of its regular business operations, reinforcing its role in government-linked infrastructure and development work.
Strengthening NBCC’s Role in Development Projects
NBCC stated that the assignment will further strengthen its position as a key public sector enterprise engaged in:
- Project Management Consultancy (PMC)
- Engineering, Procurement and Construction (EPC)
- Redevelopment and infrastructure projects
The company is expected to ensure efficient execution of CSR initiatives in coordination with PFC.
Regulatory Disclosure
The official filing was signed by Deepti Gambhir, Company Secretary of NBCC (India) Limited, confirming the details of the contract awarded by PFC.
About NBCC (India) Limited
NBCC (India) Limited is a leading public sector enterprise engaged in project management consultancy, infrastructure development, and construction services. The company plays a key role in executing government-backed redevelopment and infrastructure projects across India, contributing to national development and urban transformation.
About Power Finance Corporation
Power Finance Corporation Limited (PFC) is a leading public financial institution under the Government of India, primarily engaged in financing the power sector. It plays a crucial role in supporting infrastructure development, funding generation and transmission projects, and ensuring financial stability in India’s energy ecosystem.
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