NBCC (India) Limited has announced receiving three significant contracts with a combined value of ₹368.75 crore. The announcement has triggered a positive response in the stock market, with shares reflecting the company’s strategic growth momentum.
Details of the Projects:
- IIT Roorkee Project:
- Scope: Construction of the Mehta Family School of Data Science and Artificial Intelligence.
- Value: ₹24.38 crore.
- Work Includes: Internal electrical installations, HVAC systems, fire safety, lifts, audio-visual systems, CCTV, and BMS installations.
- Varanasi Commercial Complex:
- Scope: Development of Jawaharlal Nehru Commercial Complex (JLNCC) at Englishya Lines, Varanasi, under a self-sustainable model.
- Value: ₹300 crore.
- Client: Varanasi Development Authority.
- AIIMS Gorakhpur Project:
- Scope: Construction and furnishing of a 500-bedded multi-story Vishram Sadan.
- Value: ₹44.37 crore.
- Client: Power Grid Corporation of India.
Execution and Impact:
The contracts span across critical infrastructure segments, including education, healthcare, and commercial development. These projects underline NBCC’s capabilities in executing diversified and complex assignments.