NBCC Secures New Work Orders Worth Rs. 182.50 Crore in Normal Course of Business
CA Abhay Varn
02/Sep/2024
Key Points:
NBCC (India) Limited has received work orders totaling Rs. 182.50 Crore, including projects for Oil India Limited and ISI Delhi.
The major project involves the construction of multi-storied residential and office buildings in Guwahati.
The additional project includes the rehabilitation of the Platinum Jubilee Hostel at ISI Delhi.
On September 2, 2024, NBCC (India) Limited announced the receipt of new work orders amounting to approximately Rs. 182.50 Crore. These orders have been awarded in the normal course of the company's business operations.
The major project involves the execution of new works related to the construction of two multi-storied residential buildings (G+6), an office building, and a recreation centre with auditorium facilities at the Oil Pipeline Headquarters (PHQ) in Guwahati, Assam. This significant contract, valued at Rs. 180 Crore, will enhance the infrastructure at Oil India Limited, showcasing NBCC's capability in handling large-scale and complex projects.
The second project involves the rehabilitation of the Platinum Jubilee Hostel at the Indian Statistical Institute (ISI) Delhi Centre, with a contract value of Rs. 2.50 Crore. This project underscores NBCC's commitment to maintaining and upgrading important institutional facilities.
These new work orders are a testament to NBCC's ongoing efforts and success in securing contracts that align with its core business objectives. The company continues to strengthen its position in the construction and infrastructure sectors with such significant projects.
For further details and updates, visit the company's official website at NBCC India.
This development reflects NBCC's continued growth and its strategic focus on leveraging new business opportunities in the construction and infrastructure sectors.
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