NBCC Awarded Work Orders Worth Rs. 229.75 Crore for Various Construction Projects
Team Finance Saathi
24/Jan/2025
What's covered under the Article:
- NBCC awarded construction work for AIIMS Bilaspur, including hostels and lecture halls, valued at Rs. 148.40 Crore.
- The company also receives Rs. 81.35 Crore for Project Management Consultancy services for IIM Visakhapatnam.
- These projects are part of NBCC's normal course of business and contribute to its continued growth.
NBCC (India) Limited, a public sector enterprise, has recently announced that it has received significant work orders totaling Rs. 229.75 Crore in the normal course of its business. These projects include major infrastructure developments, further bolstering the company’s reputation in the construction and project management sector.
The first of these projects involves the construction of 72 dwelling units, which includes Type III, IV, and V quarters. Additionally, the project will see the creation of key facilities such as four lecture halls for the Nursing College and Paramedical Sciences and two hostels at AIIMS Bilaspur. The project also includes the installation, testing, and commissioning of an interactive rooftop solar photovoltaic power generation system. The total value for this part of the project stands at Rs. 148.40 Crore, and it is funded by the Ministry of Health & Family Welfare, Government of India.
The second project involves Project Management Consultancy (PMC) services for the construction of a new hostel, dining building, and allied infrastructure at the permanent campus of the Indian Institute of Management (IIM) Visakhapatnam. This consultancy project is valued at Rs. 81.35 Crore and will help IIM Visakhapatnam expand its campus facilities to accommodate the growing demand for student accommodation and dining services.
These projects are in line with NBCC's normal course of business and reflect the company’s commitment to contributing to the nation’s infrastructure development. The information regarding these work orders is available on the company's official website for transparency and public record. For anyone looking to stay updated on the latest infrastructure developments and project news, NBCC continues to be a key player in India's construction sector.
For more updates on project announcements, work orders, and infrastructure news, make sure to regularly check our top news headlines and keep up with other exciting developments across the sector.
For more Real-time Updates, Bookmark https://financesaathi.com
Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst.
Join our Finance Saathi Telegram Channel for Regular Share Market, News & IPO Updates.