NBCC (India) Limited has been awarded a significant contract worth ₹44.62 crore (excluding GST) for project management consultancy (PMC) services. The contract, secured from the Mahatma Gandhi Institute for Rural Industrialisation (MGIRI), Wardha, involves the construction and development of key infrastructure, including a hostel and VIP guest house.
The project will be executed under the EPC (Engineering, Procurement, and Construction) mode, ensuring streamlined operations and timely completion. NBCC’s expertise in infrastructure development and project management is expected to enhance MGIRI’s facilities, supporting its mission of promoting rural industrialization.
As a Navratna PSU, NBCC has a strong track record in executing large-scale government projects. This latest contract reinforces its position as a trusted player in India’s infrastructure sector. The development at MGIRI will contribute to improved amenities, benefiting stakeholders and strengthening the institute’s role in fostering rural entrepreneurship.
In the meantime, NBCC (India) Limited’s stock closed today at ₹77.89, reflecting a slight increase of 0.05% from the previous close of ₹77.85. The day’s trading range fluctuated between a low of ₹77.40 and a high of ₹79.28.
