National News

NBCC bags PMC order of Rs 596.75 crore for construction work in NIT-Uttarakhand

PSU Watch Bureau

New Delhi: Navratna PSU NBCC (India) Limited on Wednesday announced it has bagged an order worth Rs 596.75 crore for the construction and development work in the NIT-Uttarakhand campus. The company will act as the Project Management Consultant (PMC) for this project. In a regulatory filing to the stock exchange, NBCC said, "NBCC (India) Limited has been awarded the work order for comprehensive design, engineering and project management consultancy (PMC) services for construction & development of infrastructural facilities in the main campus of National Institute of Technology, Uttarakhand at Sumari (Pauri Garhwal)."

Further, NBCC is the Project Management Consultant (PMC) for this project of the value Rs 596.75 crore, it added.

Earlier on April 12, NBCC had secured a PMC order of Rs 65.10 crore for the construction of the Fertilizer Corporation of India Limited (FCIL) office building at Noida, Sector 1.

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NBCC (India) Limited

NBCC (India) Limited, formerly National Buildings Construction Corporation Limited, is a blue-chip Navratna enterprise and a PSU which trades publicly in the market. NBCC acquired 100 per cent stake in Miniratna hospital consultancy firm Hospital Services Consultancy Corporation Limited (HSCC) from the Ministry of Health and Family Welfare on November 6, 2018. The organisation acquired over 51 percent stake in Hindustan Steelworks Construction Limited (HSCL), a PSU under the Steel Ministry in 2017.

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