NBCC (India) has been awarded a significant work order valued at approximately ₹252.80 crore. The project involves the implementation of the Godabarisha Mishra Adarsha Prathamika Vidyalaya (GMAPV) Scheme (Phase-II) across 46 schools in different districts of Odisha. This work has been commissioned by the Odisha School Education Programme Authority, Bhubaneshwar.
The project is a part of NBCC‘s regular business operations and falls under the category of Project Management Consultancy. It is a domestic contract, and the terms and conditions are aligned with the implementation of educational infrastructure as per the GMAPV Scheme.
NBCC has not disclosed any specific timeline for the execution of this order. Additionally, there is no involvement of the promoter group or related parties in this contract, ensuring that it does not fall under related party transactions.
This information is available on NBCC’s official website for further reference.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).