NBCC India Ltd bags order worth ₹264.16 crore from NIT Kurukshetra
In a significant development, NBCC India Ltd, a prominent government-owned construction company under India’s Ministry of Housing and Urban Affairs, has secured a massive order worth ₹264.16 crore from National Institute of Technology (NIT), Kurukshetra. The project, which is estimated to be completed within a span of 30 months, involves the construction of new academic and hostel blocks, residences, extensions, and external development for the prestigious institution.
The Engineering, Procurement, and Construction (EPC) project marks a significant milestone for NBCC India Ltd, which has been actively pursuing new opportunities in the civil construction sector. The company’s diversified range of services across three key segments – Urban & Infrastructure, Engineering & Construction, and Real Estate – has enabled it to tap into the growing demand for infrastructure development in the country.
The project, which is valued at ₹264.16 crore, is a testament to NBCC India Ltd’s capabilities as a Project Management Consultant (PMC). The company will be responsible for overseeing the entire construction process, from conceptualization to commissioning, to ensure that the project is completed within the specified timeframe and budget.
The project scope includes the construction of new academic blocks, hostel blocks, residences, and extensions to the existing infrastructure. Additionally, the company will also undertake external development works, such as landscaping and road development, to enhance the overall aesthetic appeal of the NIT Kurukshetra campus.
The project is expected to create significant employment opportunities for local workers and is likely to have a positive impact on the regional economy. The construction activity is expected to generate a significant amount of revenue for the local vendors and suppliers, thereby contributing to the overall economic growth of the region.
NBCC India Ltd has a rich history of delivering complex infrastructure projects across the country. The company’s expertise in project management, engineering, and construction has enabled it to successfully execute numerous projects for various government agencies, institutions, and private clients.
In recent years, the company has been actively pursuing new opportunities in the civil construction sector, including highways, bridges, airports, and buildings. The company’s order book has witnessed significant growth, with a value of over ₹1 lakh crore, making it one of the largest construction companies in the country.
The company’s success in securing major orders is attributed to its strong project management capabilities, technical expertise, and ability to deliver complex projects on time and within budget. The company’s commitment to quality, safety, and sustainability has earned it a reputation as a reliable and trusted partner for various clients.
The order from NIT Kurukshetra is a significant addition to NBCC India Ltd’s growing order book, and the company is expected to continue its growth trajectory in the coming years. The company’s focus on diversifying its services and expanding its presence in the civil construction sector is likely to drive its growth and profitability in the medium to long term.
In conclusion, the order worth ₹264.16 crore from NIT Kurukshetra is a significant milestone for NBCC India Ltd, and the company’s expertise in project management, engineering, and construction is expected to deliver a high-quality project that meets the expectations of the client. The project is expected to create significant employment opportunities and contribute to the overall economic growth of the region.
