NBCC (India) Limited recently hosted a significant diplomatic and business meeting at its New Delhi headquarters, welcoming Vice President of the Republic of Seychelles, H.E. Mr. Sebastien Pillay, along with a high-level delegation. The visit focused on exploring comprehensive infrastructure development opportunities in Seychelles, marking another milestone in India-Seychelles bilateral cooperation.

Meeting Details and Project Scope

During the meeting, detailed discussions were held regarding island infrastructure development in Seychelles. The delegation, led by Vice President Pillay, engaged with Shri K. P. Mahadevaswamy, CMD of NBCC, and other senior company officers to explore potential collaboration opportunities.

NBCC's Track Record and Capabilities

The delegation was presented with comprehensive information about NBCC's capabilities, particularly highlighting the successful execution of the 2000 Social Housing Project at Hulhumale, Maldives. This project demonstration served as a testament to NBCC's expertise in island infrastructure development, with skilled workforce and construction materials from India playing a significant role in the project completion.

The Vice President and delegation members expressed confidence in NBCC's capabilities and appreciation for the detailed presentations made during the meeting, indicating positive prospects for future collaboration.

Existing Partnership and Ongoing Projects

NBCC is currently executing several important projects in Seychelles, demonstrating the company's established presence in the island nation:

• Construction of Indian Chancery Building
• Cultural Centre development
• Residential Units construction

These ongoing projects reflect India's continued commitment to strengthening bilateral ties and development partnership with Seychelles.

Strategic Significance

The meeting builds upon earlier high-level deliberations between NBCC's CMD and the Government of Seychelles during his visit to the island nation in January this year. CMD Mahadevaswamy reaffirmed the company's commitment to delivering high-quality, sustainable infrastructure solutions and expressed confidence in further deepening cooperation with Seychelles across multiple sectors.

The visit of Vice President Pillay underscores the strong and enduring partnership between India and Seychelles, highlighting the shared vision of enhancing infrastructure development and bilateral cooperation in the region.

NBCC (India) Limited has announced the receipt of two major work orders worth Rs 104.95 crores, strengthening its project portfolio in the infrastructure and consultancy sectors. The company disclosed these contract wins through a regulatory filing dated February 17, 2026, under Regulation 30 of the listing requirements.

Contract Details and Breakdown

The total contract value comprises two distinct projects awarded by prominent public sector entities:

Project Scope and Specifications

The first contract from Rourkela Steel Plant involves comprehensive infrastructure development and healthcare facility upgrades. The scope encompasses:

• Development of sports infrastructure facilities
• Lagoon de-silting operations and lagoon gate repair/replacement
• Renovation and upgradation of six conventional Operation Theatres to Modular Operation Theatre Complex at Ispat General Hospital

The second and larger contract from NLC India Limited focuses on social infrastructure development in Jharkhand state. This project involves project management consultancy for construction of Rehabilitation and Resettlement (R&R) colony for Pachwara South-OCP of Neyveli Uttar Pradesh Power Limited (NUPPL) in Dumka District.

Business Impact and Strategic Positioning

Both contracts fall under NBCC's core competency of project management consultancy services, reinforcing the company's position in the infrastructure development sector. The projects are being executed in the normal course of business and do not involve any related party transactions.

The company has confirmed that neither contract involves any promoter or group company interests, and both awards were made through standard business processes. These new orders add to NBCC's existing project pipeline and demonstrate continued client confidence in the company's execution capabilities across diverse infrastructure segments.