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.

NBCC (India) Limited has secured two major work orders totaling ₹289.39 crores, reinforcing its position in the infrastructure development sector. The company announced these contracts as part of its regular business operations under SEBI regulations.

Major Contract Details

The work orders comprise two distinct projects from prominent public sector enterprises, demonstrating NBCC's continued engagement with major industrial clients.

NALCO Infrastructure Development Project

The larger contract with NALCO, valued at ₹255.50 crores, encompasses a comprehensive range of infrastructure development activities. The project scope includes:

• Planning, designing, and execution of various civil works
• Electrical installations
• Water supply systems
• Horticulture development
• Construction repairs of RCC structures and civil structures
• Dismantling of existing buildings and structures
• New construction works
• Civic amenities
• Other developmental works across NALCO offices and townships

SAIL Bokaro Desilting Operations

The second contract from SAIL Bokaro, worth ₹33.89 crores, focuses on specialized desilting operations for Cooling Pond 1. The project specifically targets hot and cold water chambers, representing a technical undertaking that requires specialized expertise in industrial water management systems.

Business Impact and Compliance

Both contracts fall under NBCC's normal course of business and are classified as project management consultancy services. The company has confirmed that these orders do not involve any related party transactions and maintain arm's length dealings. The contracts represent domestic orders, aligning with NBCC's focus on the Indian infrastructure market.

The announcement demonstrates NBCC's continued ability to secure substantial contracts from major public sector enterprises, reinforcing its market position in infrastructure development and project management consultancy services.