https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

NBCC Secures Rs 65.73 Crore Worth of Orders from RGIPT & Navodaya Vidyalaya Samiti

Muted market response as company adds to project portfolio across Karnataka and Odisha
Indian Masterminds Stories

New Delhi: State-owned construction and project management company NBCC (India) Ltd has announced the acquisition of three significant orders worth a combined value of Rs 65.73 crore. The orders have been placed by the Rajiv Gandhi Institute of Petroleum Technology (RGIPT) and the Navodaya Vidyalaya Samiti, reinforcing NBCC’s presence in the institutional infrastructure development segment.

Despite the announcement, shares of NBCC remained under pressure, closing at Rs 117.53 on the BSE, marking a 2.12% decline during Thursday’s trading session.

The Orders

Project Management for Energy Institute, Bengaluru – Rs 43.90 crore

The largest of the three contracts comes from the Rajiv Gandhi Institute of Petroleum Technology. The company has been entrusted with providing Project Management Consultancy (PMC) services for the construction and development of various buildings at the Energy Institute, Bengaluru. The scope of work includes external development tasks and carries an estimated value of Rs 43.90 crore.

Read Also: NBCC Secures ₹518 Crore Contract to Develop 9 Jawahar Navodaya Vidyalayas Across 4 States – Details Inside

Regional Office Construction in Odisha – Rs 6.42 crore

The second project comes from the Navodaya Vidyalaya Samiti and involves the construction of a Regional Office Building in Bhubaneswar, Odisha. The project is valued at Rs 6.42 crore, adding another government-backed institutional development to NBCC’s portfolio.

Central Courtyard Development at JNVs – Rs 15.41 crore

The third order, also from Navodaya Vidyalaya Samiti, involves the construction of Central Coveted Courtyards across various Jawahar Navodaya Vidyalayas (JNVs) in Odisha. The project cost is pegged at Rs 15.41 crore.

Muted Market Reaction

Despite securing new orders, the market sentiment remained cautious, with NBCC stock ending the session in red. Analysts believe the flat response could be attributed to broader market conditions or the routine nature of these projects in the company’s operational scale.

However, the continued inflow of orders reflects NBCC’s solid track record in executing public sector infrastructure projects and its strategic focus on educational and energy institutions.

Read Also: NBCC Signs MoU with Meerut Development Authority for Rs296.53 Cr Urban Redevelopment Project – Details Inside

About NBCC

NBCC (India) Limited is a Navratna public sector enterprise under the Ministry of Housing and Urban Affairs. It specializes in redevelopment and infrastructure projects. NBCC handled iconic assignments such as university campuses, residential colonies, zoos, and performance centers. Operating nationwide, it enforces strict adherence to environmental and heritage norms.


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
IFS officer with Odisha CM Mohan Majhi
IFS Officers from 2000-2001 Batch Meet Odisha CM Mohan Majhi to Discuss Development and Diplomatic Engagements
ESIC
ESIC Launches Nationwide Campaign for Amnesty Scheme 2025, Aims to Clear 27,000 Pending Cases
Indian Railways SBI Partner
Indian Railways, SBI Partner to Provide Comprehensive Insurance Benefits to 7 Lakh Railway Employees
MTNL
MTNL Faces Fines from NSE, BSE for Delay in Appointing Woman Director and Committee Formation
NTPC
PESB Fails to Pick Successor: NTPC CMD Gurdeep Singh Gets One-Year Extension After Shareholders’ Approval
IPS Sanjay Singhal
UP Cadre IPS Sanjay Singhal, Former BSF Special DG, Takes Charge as SSB Director General | Career Highlight
Jammu and Kashmir Government
IAS Mahima Madan Appointed Additional Secretary, IT Department in Jammu & Kashmir; To Retain Dual Charges
BHEL_resized
BHEL Awards ₹1,125 Crore Contract for Structural Fabrication and Supply to Support Nationwide Projects- Know More
ADVERTISEMENT
ADVERTISEMENT
Videos
IPS Shikha Goel
Decoding Digital Dangers: Insights from IPS Shikha Goel on Cyber Crimes
IPS Mukesh Kumar Bhamoo
Managing Elections, Communal Tensions, and Public Safety – Meet IPS Mukesh Kumar Bhamoo | Video Interview
WhatsApp Image 2025-08-25 at 13.56
Operation Hunt: IPS Dr. Karanraj Vaghela’s Mission to Nab Valsad’s Most Wanted
ADVERTISEMENT
UPSC Stories
IAS Minnu P M
“Lazy, Sleepy, Yet Determined”: Minnu P M’s Honest Take on Cracking UPSC
Minnu PM, once a clerk in Kerala Police, cleared UPSC with AIR 150 after five years of struggle. Her...
IPS Ashish Tiwari
From IIT and Investment Banking to Public Service, Meet IPS Ashish Tiwari 
Ashish Tiwari, IIT graduate and former investment banker, chose public service over global finance. As...
WhatsApp Image 2025-08-12 at 7.27
First Attempt IRS, Fourth Attempt IPS: The Relentless Pursuit of Jitendra Kumar Yadav Who Cracked UPSC 3 Times
IPS Yadav is originally from Chhattisgarh. He was first selected for the IRS through UPSC and later for...
Social Media
Masahiro Hara
From Go Board to Global Use, How QR Codes Changed the World: IRAS Officer Ananth Rupanagudi Spotlights Masahiro Hara’s Vision
IRAS officer Ananth Rupanagudi shared a video on Masahiro Hara, the inventor of QR codes, highlighting...
IFS Susanta Nanda Video
A Mother’s Duty: Tigress Watches Over Cubs Splashing in Waterhole — Heartwarming Video Shared By Retd. IFS Officer Susanta Nanda
A tender wildlife video shared by Retd. IFS officer Susanta Nanda shows a tigress keeping watch over...
Mohanmala
Kaziranga Mourns: Beloved Elephant Mohanmala Passes Away After Five Decades of Service
Kaziranga National Park mourns the loss of Mohanmala, a beloved elephant who served over 50 years as...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
IFS officer with Odisha CM Mohan Majhi
IFS Officers from 2000-2001 Batch Meet Odisha CM Mohan Majhi to Discuss Development and Diplomatic Engagements
ESIC
ESIC Launches Nationwide Campaign for Amnesty Scheme 2025, Aims to Clear 27,000 Pending Cases
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
IPS Shikha Goel
IPS Mukesh Kumar Bhamoo
WhatsApp Image 2025-08-25 at 13.56
ADVERTISEMENT
ADVERTISEMENT