NBCC (India) Limited has been officially engaged as Project Management Consultant by the Government of Republic of Seychelles for a major affordable housing and infrastructure development project. The company informed stock exchanges about this significant appointment through a regulatory filing under Regulation 30.

Project Specifications

The comprehensive development project in the Republic of Seychelles encompasses substantial housing and infrastructure components. The Government of Seychelles has issued a Letter of Intent and agreed in-principle to engage NBCC for this strategic initiative.

Scope of Services

As Project Management Consultant, NBCC will render comprehensive services including planning, design, and procurement for the 1,008 affordable housing units. The project also encompasses associated infrastructure requirements, including the development of a sewage treatment plant (STP) to support the residential development.

Strategic Significance

This international appointment positions NBCC as a key player in overseas infrastructure development initiatives. The project's funding through EXIM Bank's Line of Credit scheme highlights the strategic importance of this Indo-Seychelles collaboration in the housing sector.

The engagement demonstrates NBCC's expanding footprint in international markets and its capability to secure major consulting assignments beyond domestic boundaries. The focus on affordable housing aligns with both countries' infrastructure development priorities.

Regulatory Compliance

NBCC has fulfilled its disclosure obligations by informing both NSE and BSE about this material development. The company has also made this information available on its official website under announcement notices, ensuring transparency with all stakeholders.

NBCC (India) Limited has officially announced securing an infrastructure development contract worth ₹58.61 crore from Maharaja Sriram Chandra Bhanja Deo University in Baripada, Mayurbhanj, Odisha. The company informed stock exchanges about this significant contract award in the ordinary course of business.

Contract Specifications

The project involves comprehensive infrastructure development under an Infrastructure Development Grant. The scope includes construction of various buildings, roads, and drains, along with electrical and mechanical works for the university campus.

Project Details

The contract represents a domestic infrastructure project awarded to NBCC for providing project management consultancy services. The comprehensive development work will enhance the university's infrastructure capabilities, covering multiple aspects of campus development including civil construction and utility installations.

Strategic Impact

This contract win reinforces NBCC's strong presence in the educational infrastructure segment and demonstrates the company's continued success in securing government and public sector projects across different states. The project adds meaningfully to NBCC's order book and revenue pipeline, showcasing the company's expertise in handling complex educational infrastructure developments.

The Odisha university project further strengthens NBCC's portfolio in the eastern region of India, highlighting the company's pan-India presence and capability to execute large-scale infrastructure projects for academic institutions.