NBCC bags order worth Rs 500 cr from Puducherry govt  
PSU Watch

NBCC bags order worth Rs 500 cr from Puducherry govt

NBCC received an order worth Rs 500 crores from the Puducherry govertment to build a government medical hospital at Karaikal

PSU Watch Bureau

New Delhi: State-owned NBCC Limited said in a regulatory filing on Tuesday that it has bagged an order worth Rs 500 crores from the Puducherry government to construct a government medical hospital at Karaikal. As per the filing, the time period for completion of the project has not been decided yet.

Commenting on the nature of the order, it further said, "PMC on deposit work basis." So, the Project Management Consultants (PMC) would be paid as per the work they complete.

Previous orders bagged by NBCC

On March 9, NBCC received an order worth Rs 229.81 crores to construct a new campus of IIFT at Kakinada. On March 6, the company has won three infrastructural projects worth Rs 541.02 crores across diverse sectors including health, industry and commerce and education. 

(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.)

C-DAC, Bank of India partner to develop indigenous quantum technologies for banking

NHAI issues new guidelines for smart monitoring of toilet facilities at highway toll plazas

Govt to not recover Samudra Manthan funding for dry deepwater wells

PESB recommends Yatindra Mohan for BHEL's CMD post

India’s energy future lies in producing more, depending less on imports: Indian Oil Chairman