NBCC Secures Rs. 213 Crore Work Order for Motilal Nehru College Construction

Team Finance Saathi

    03/Dec/2024

What's covered under the Article:

  1. NBCC awarded a Rs. 213 crore work order for Motilal Nehru College, New Delhi.
  2. The project involves various construction activities, executed in phases.
  3. The announcement has been disclosed to the BSE and NSE exchanges.

NBCC (India) Limited, a leading public sector enterprise, has recently been awarded a significant work order amounting to approximately Rs. 213 crore for Motilal Nehru College, New Delhi. This work order pertains to various construction activities, which will be carried out phase-wise.

This contract has been formally disclosed to the National Stock Exchange of India (NSE) and Bombay Stock Exchange (BSE), as per the regulatory requirements under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The project value of Rs. 213 crore is expected to contribute significantly to the growth of NBCC's business portfolio, further establishing its strong presence in the construction sector.

The work will cover a variety of construction tasks at Motilal Nehru College, which is an important educational institution in New Delhi. NBCC's role will include overseeing the development and renovation of the college infrastructure, ensuring quality and timely delivery.

For further details on this contract, including the progress of the work, stakeholders can visit the official NBCC India website at https://www.nbccindia.in/webEnglish/announcementNotices.

This announcement reaffirms NBCC's commitment to contributing to the infrastructure development in India, with an emphasis on educational institutions, as well as its ongoing efforts to secure large-scale projects. This is part of the company's strategy to strengthen its position as a leader in the construction and real estate sector.

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