NBCC (India) Limited has announced securing a new contract valued at ₹180.00 crores, marking another significant business milestone for the public sector construction company.

Contract Details

The contract award represents a substantial addition to NBCC's project portfolio. The ₹180.00 crore contract demonstrates continued market confidence in the company's construction and project management capabilities.

Business Impact

This contract win strengthens NBCC's order book and reinforces its position in the construction sector. The award reflects the company's established track record in executing large-scale infrastructure and construction projects.

The contract addition is expected to contribute to NBCC's revenue pipeline and supports the company's ongoing business operations in the construction and project management space.

Company Profile

NBCC operates as a public sector enterprise specializing in construction, project management, and real estate development. The company has built a reputation for handling diverse construction projects across various sectors including residential, commercial, and infrastructure development.

NBCC (India) Limited has secured two major contracts worth ₹345.04 crores, marking a significant addition to its project portfolio. The company announced these new work orders, which include a project management consultancy for IIT Mandi and a maintenance contract for Kandla SEZ.

Major Project Management Consultancy Contract

The larger of the two contracts involves project management consultancy services for the Indian Institute of Technology, Mandi, valued at ₹332.99 crores (excluding GST). This comprehensive project encompasses planning, design, and development for construction of multiple facilities at the IIT Mandi campus in Kamand, Himachal Pradesh.

The project scope includes construction of academic blocks, residential facilities comprising 2BHK and 3BHK housing units, and a student activity center. Additionally, the contract covers development of a sports complex and other related infrastructure works at the technical institution.

Annual Maintenance Contract from Kandla SEZ

The second contract, worth ₹12.05 crores, has been awarded by Kandla SEZ for comprehensive annual maintenance services. This contract demonstrates NBCC's diversified service capabilities beyond construction and project management.

The maintenance contract encompasses a wide range of services including:

• Housekeeping and horticulture services
• Electrical, plumbing, and carpentry works
• Civil works and infrastructure maintenance
• Technical services for dish antenna, air conditioning systems
• CCTV camera and networking system maintenance
• Specialized services including mosquito management, hygiene solutions
• Equipment maintenance for lifts, solar systems, diesel generators
• Fire fighting vehicle maintenance

Regulatory Compliance and Business Impact

Both contracts have been classified as domestic orders and fall within the normal course of business operations for NBCC. The company has confirmed that no promoter or group companies have any interest in the entities awarding these contracts, ensuring arm's length transactions.

These new orders reinforce NBCC's position as a leading project management and infrastructure development company, showcasing its capability to handle diverse projects across educational institutions and industrial zones.