NBCC (India) has been awarded a work order valued at approximately ₹58.61 crore by Maharaja Sriram Chandra Bhanja Deo University, located in Baripada, Mayurbhanj, Odisha. The project involves the construction of various buildings, roads, and drains, along with electrical and mechanical works, under an infrastructure development grant.
The contract, which falls under the category of Project Management Consultancy, is considered part of NBCC‘s normal course of business. It is a domestic contract, with no involvement from international entities. The specifics regarding the execution timeline of the contract have not been disclosed.
The order does not involve any related party transactions, and there is no interest from the promoter or promoter group in the entity awarding the contract. The details of the contract are available on NBCC’s official website.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).