New Delhi: NBCC (India) Ltd., a government-owned civil construction and project management firm, has bagged a significant order worth ₹354.88 crore from FDCM Gorewada Zoo Limited. The scope of the work includes Project Management and Supervision Services for the ambitious development of the African Zoo, Safari Plaza, Animal Hospital, Quarantine Facility, and other allied infrastructure at the Gorewada Zoo in Nagpur, Maharashtra.
This project aligns with NBCC’s increasing role in wildlife and eco-tourism infrastructure and further strengthens its portfolio in diversified sectors.
Project Details
- The ₹354.88 crore project entails:
- Construction of an African Zoo enclosure
- Development of the Safari Plaza
- Establishment of an Animal Hospital and Quarantine Facility
- Other associated civil and structural works
NBCC will provide project management and supervision expertise, ensuring timely execution and adherence to environmental and safety standards.
Muted Market Reaction
Despite this high-value order win, shares of NBCC (India) Ltd fell by 3.08% in today’s trade, closing at ₹119.41 on the BSE. Market analysts attributed the dip to broader market sentiments and profit booking by investors following recent gains in the stock.
Recent Developments
In addition to the Gorewada Zoo project, NBCC recently signed an MoU with the Meerut Development Authority for the redevelopment of key land parcels in Meerut, Uttar Pradesh, valued at approximately ₹296.53 crore.
These projects are in line with NBCC’s strategy to diversify beyond urban redevelopment into ecological, tourism, and heritage sectors.
Company Overview
NBCC (India) Ltd, under the Ministry of Housing and Urban Affairs, is a Navratna PSU engaged in project management, real estate development, and EPC contracting. It has a strong order book in sectors including infrastructure, housing, government complexes, and environmental projects.
