New Delhi: NBCC (India) Limited has secured a significant new work order valued at approximately ₹58.61 crore, further strengthening its project pipeline in the infrastructure development sector. The project has been awarded by Maharaja Sriram Chandra Bhanja Deo University, located in Baripada, Mayurbhanj district, under a government-backed infrastructure development grant.
Scope and Details of the Odisha Project
The new contract encompasses comprehensive infrastructure development activities, with NBCC acting as Project Management Consultant (PMC). The key components of the project include:
- Construction of multiple academic and administrative buildings
- Development of internal roads and drainage systems
- Execution of electrical and mechanical works
This project will be executed under NBCC’s standard operations framework and is expected to contribute meaningfully to the improvement of educational infrastructure in the region.
Key Highlights of the Contract
- Project Value: ₹58.61 crore (excluding GST)
- Client: Maharaja Sriram Chandra Bhanja Deo University, Odisha
- Nature of Work: Infrastructure development funded under a government grant
- Category: Domestic contract
- Execution Timeline: Not disclosed
NBCC confirmed that the order involves no related party transactions and that neither its promoter group nor associated entities have any interest in the awarding institution.
Market Relevance and Impact on Order Book
This latest contract adds momentum to NBCC’s growing order book and reinforces its strategic role in public infrastructure projects, particularly in the education sector. The project win also reflects increasing government-backed investments in regional academic and institutional infrastructure across India.
By securing projects like this, NBCC continues to strengthen its presence in domestic infrastructure development while contributing to the modernization of educational facilities in states like Odisha.
The company has officially disclosed the order to both the National Stock Exchange (NSE: NBCC/EQ) and the Bombay Stock Exchange (BSE: 534309), ensuring compliance with all regulatory requirements.
About NBCC (India) Limited
NBCC (India) Limited is a government-owned public sector enterprise specializing in construction, project management consultancy, and real estate development. Over the years, the company has executed a wide range of infrastructure projects across India, including residential, commercial, and institutional developments, while maintaining a robust order book and strong market presence.
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