NBCC India Secures Orders Worth ₹134.27 Cr for School and Bank Building Projects
NBCC India has secured new work orders totaling approximately ₹134.27 crore. The orders include construction of Kendriya Vidyalaya campuses in Jharkhand and Bihar, a Centre of Excellence in Odisha, and a Canara Bank building in Kerala. These projects are part of the company's regular business operations.
The value of the orders is significant and contributes to the company's order book, positively impacting its business prospects.
The company has secured multiple new work orders, indicating business growth and expansion.
NBCC (India) Limited has announced the receipt of new work orders in the ordinary course of its business, aggregating to approximately ₹134.27 crore. These orders encompass the construction of Kendriya Vidyalaya school campuses in Barkatha (Hazaribagh, Jharkhand), Darbhanga (Bihar), and Maharajganj (Siwan, Bihar), valued at ₹36.92 crore, ₹37.02 crore, and ₹36.64 crore respectively.
Additionally, the company will undertake the construction of a Centre of Excellence for DIET Bargarh, awarded by the Directorate of Teacher Education and SCERT, Odisha, for an approximate value of ₹11.14 crore. NBCC has also secured a contract for the construction of a Canara Bank Building in Alappuzha, Kerala, amounting to ₹12.55 crore.
All these projects are being executed by NBCC as Project Management Consultants and are considered domestic orders. The company has stated that these awards fall within its normal business operations and do not involve promoter or promoter group interests in the awarding entities, nor do they constitute related party transactions.
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NBCC (India) Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by NBCC (India) Limited. Read the original for the full detail.