New Delhi: NBCC (India) Limited has received work orders valued at approximately Rs 104.95 crore in the normal course of business, according to a regulatory filing submitted to the stock exchanges.
The contracts include two project management consultancy assignments awarded by domestic entities. The first order, valued at around Rs 14.72 crore, has been awarded by Rourkela Steel Plant (RSP), a unit of Steel Authority of India Limited (SAIL). The project involves development of sports infrastructure, lagoon de-silting and gate repair, along with renovation and upgradation of six conventional operation theatres into modular operation theatre complexes at Ispat General Hospital in Rourkela.
The second and larger order, worth approximately Rs 90.23 crore, has been awarded by NLC India Limited. The assignment pertains to project management consultancy services for the construction of a Rehabilitation and Resettlement (R&R) colony for the Pachwara South Open Cast Project of Neyveli Uttar Pradesh Power Limited in Jharkhand.
Both contracts are domestic in nature and fall within NBCC’s regular business activities. The company clarified that there is no promoter or related-party interest involved in the awarded projects.
NBCC, a Navratna CPSE under the Government of India, continues to expand its project portfolio across infrastructure development and consultancy services through such domestic assignments.
(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)