NEW DELHI: State-owned construction giant NBCC (India) Limited has bagged two fresh work orders collectively valued at approximately ₹52.14 crore (excluding GST). The new contracts bolster the company’s project pipeline across the institutional and healthcare sectors.
The public sector undertaking (PSU) disclosed the details of the domestic projects in a regulatory filing to the stock exchanges.
Breakdown of the New Contracts
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Indian Overseas Bank (IOB) Regional Office: NBCC has been awarded a Project Management Consultancy (PMC) contract to oversee the construction of a new office building for IOB in Amaravati, Andhra Pradesh. The contract is valued at ₹20.15 crore and expands the PSU’s footprint in India’s upcoming administrative hubs.
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Sports Injury Centre (SIC) Facility Management: The Ministry of Health and Family Welfare has granted NBCC a ₹31.99 crore contract for the operation and maintenance (O&M) services of the New Sports Injury Centre Building. The agreement spans a duration of two years, highlighting NBCC’s expanding presence in healthcare infrastructure management.
Business Growth Outlook
NBCC confirmed that both contracts were secured in the ordinary course of business without any related-party transactions. The steady inflow of institutional backing positions the company for robust growth across its core construction, consultancy, and facility management segments.
