NBCC Awarded ₹130.58 Crore Township Development Project by NEEPCO

K N Mishra

    29/Apr/2025

What's covered under the Article:

  • NBCC (India) Ltd. awarded ₹130.58 crore township project in Shillong by NEEPCO

  • The project is for the development of land acquired by NEEPCO at Umsawli, Meghalaya

  • Disclosure filed with NSE and BSE as part of regulatory compliance under routine business

NBCC (India) Limited, a public sector enterprise, has recently received an important work order in the normal course of its business operations. The project involves the development of a township at Umsawli, Mawdiangdiang, Shillong, located in the state of Meghalaya. The plot, spanning 21.66 acres, has been acquired by the North Eastern Electric Power Corporation Ltd. (NEEPCO), and the project value amounts to approximately Rs. 130.58 Crore, excluding GST.

The details of the awarded project are as follows:

  • Name of Work: Development of a Township Project

  • Client: North Eastern Electric Power Corporation Ltd. (NEEPCO)

  • Approximate Value: Rs. 130.58 Crore (excluding GST)

  • Location: Umsawli, Mawdiangdiang, Shillong, Meghalaya

  • Project Size: 21.66 acres

This work order is part of NBCC's ongoing business operations and represents a significant step in the company's continuous efforts to expand its portfolio of development and infrastructure projects. The township project is expected to contribute significantly to the region's infrastructure, providing residential and other amenities to enhance the living standards of the local population.

The awarded project is a notable win for NBCC, which is well-known for its expertise in infrastructure development across various sectors, including residential, commercial, and institutional projects. The company has built a strong reputation for delivering large-scale projects across India, and this new township development will further enhance its position in the market.

The company’s corporate disclosure has been made in accordance with the regulations, and the work order has been duly communicated to both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). The relevant information can also be accessed on NBCC's official website under the section for announcements and notices.

As part of its commitment to transparency and corporate governance, NBCC ensures that all material information regarding its operations, including such significant project awards, is shared with stakeholders and the general public in a timely manner. The announcement is in compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring that investors and other stakeholders are well-informed.

This development project is expected to enhance the living conditions in Shillong, Meghalaya, and contribute to the region’s overall growth, especially in terms of infrastructure development. NBCC is known for delivering such projects with efficiency, and this township development is no exception. The project is expected to be completed within the stipulated timelines, with high-quality standards maintained throughout the construction process.

NBCC’s engagement in projects like these aligns with the Indian government's focus on improving infrastructure in the Northeastern states. The company’s involvement in such key initiatives further highlights its commitment to the nation’s infrastructure growth and its role in supporting sustainable development in the region.

This announcement also underscores the company’s ongoing efforts to foster economic growth in India’s Northeast by facilitating the development of essential infrastructure.


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