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.

NBCC (India) Limited has announced securing three major work orders worth Rs 319.78 crores (excluding GST) in the ordinary course of business, demonstrating the company's continued strength in India's construction and infrastructure sector. The Navratna CPSE disclosed these contract wins through a regulatory filing dated March 19, 2026.

Major Contract Portfolio Overview

The three work orders span diverse infrastructure projects across different states and client segments. All contracts are classified as project management consultancy services and represent domestic engagements.

Largest Contract: Oil India Housing Project

The most significant order involves constructing an Executive Housing Complex (DX Area) for Oil India Limited at Duliajan, Assam, valued at Rs 227.99 crores. This turnkey project represents approximately 71% of the total contract value and underscores NBCC's expertise in residential infrastructure development for public sector enterprises.

Strategic Infrastructure: Border Bridge Projects

The Ministry of Home Affairs has awarded NBCC a Rs 83.76 crore contract for constructing major bridges in Meghalaya along the Indo-Bangladesh Border. The project encompasses:

• Bridge over River Hari (near BP No. 1301/4s) with 423.00 meter length
• Bridge over River Luva (between BP No. 1323/4s to BP No. 1323/6s) with 206.00 meter length

These strategic infrastructure projects highlight NBCC's role in developing critical border connectivity and security infrastructure.

Educational Sector Engagement

The smallest but strategically important contract worth Rs 8.03 crores comes from Collectorate, Patna, for creating dedicated spaces for start-up incubation centers and public policy centers at Chandragupt Institute of Management, Patna. This project reflects NBCC's diversification into educational infrastructure supporting entrepreneurship and policy development.

Business Impact and Outlook

All three contracts fall within NBCC's normal course of business operations and involve no related party transactions. The company confirmed that promoter groups have no interest in the entities awarding these contracts, ensuring arm's length transaction principles. These orders strengthen NBCC's order book and demonstrate the company's capability to secure diverse infrastructure projects across residential, strategic, and educational sectors.