NBCC (India) Limited has received work orders worth approximately Rs 775.27 crore from Delhi Development Authority (DDA) in the ordinary course of business, marking a significant addition to the company's project portfolio. The contracts involve comprehensive redevelopment of DDA staff quarters at two strategic locations in New Delhi.

Contract Details and Financial Overview

The company has been awarded contracts for redeveloping staff quarters at two prime Delhi locations under project management consultancy arrangements.

Note: Values exclude GST and marketing fees to be determined later

Project Scope and Development Model

The redevelopment projects will operate under a self-sustainable financial model. Under this arrangement, a certain portion of the developed built-up area (BUA) will be sold in the market, with generated funds utilized for project development. The remaining BUA will be handed over to DDA for staff accommodation purposes.

The projects involve substantial construction scope with envisaged total built-up areas:

Note: Areas exclude external development and remain tentative

Implementation Framework

DDA has signed Memorandums of Understanding (MoUs) with NBCC for both redevelopment works. The projects aim to replace old and dilapidated staff quarters with modern residential facilities. The envisaged built-up areas remain tentative and will be finalized following detailed surveys and submission of Detailed Project Reports (DPR) for DDA approval.

Business Impact

These contracts represent work awarded in the ordinary course of business for NBCC. The domestic nature of both contracts strengthens the company's position in the government infrastructure development sector. The project management consultancy nature of these contracts aligns with NBCC's core competencies in managing large-scale redevelopment projects.

The contracts do not involve any related party transactions, and no promoter or group company interests are associated with the awarding entity. Both projects are classified as domestic contracts awarded by a domestic government entity, reinforcing NBCC's strong relationship with government organizations.

NBCC (India) Limited has secured work orders worth ₹76.27 crore from Dharanidhar University, Keonjhar, Odisha, as disclosed in its regulatory filing under Regulation 30. The company announced this significant contract win through an official communication to stock exchanges on February 23, 2026.

Contract Overview and Scope

The comprehensive project encompasses construction of academic buildings, hostel facilities, and other infrastructure development works for the university campus. The contract represents a Project Management Consultancy engagement with Dharanidhar University.

Project Components

The work order covers multiple construction and development activities designed to enhance the university's educational infrastructure. The project includes academic buildings to support teaching activities, hostel buildings for student accommodation, and comprehensive external development works.

Regulatory Compliance

NBCC confirmed that this contract falls within the normal course of business operations. The company has fulfilled all regulatory disclosure requirements under stock exchange regulations, with detailed information made available on the company's official website.

Strategic Impact

This contract award reinforces NBCC's strong position in the educational infrastructure development sector. The project demonstrates the company's expertise in handling comprehensive campus development initiatives that integrate academic, residential, and infrastructure components within a single engagement framework.