NBCC bags construction order worth Rs 5 Bn
ECONOMY & POLICY

NBCC bags construction order worth Rs 5 Bn

NBCC India said it has bagged a construction order worth Rs 5 billion from the Bureau of Indian Standards. As per the order, NBCC will construct buildings at BIS headquarters in New Delhi, central laboratory, Sahibabad, National Institute of Training for standardisation, Noida, Northern Regional Laboratory, Mohali and Bangalore Branch Laboratory, Bengaluru.

On Monday, November 4, the company said its subsidiary Hindustan Steelworks Construction Ltd (HSCL) bagged work orders worth Rs 650 million in Bengaluru. As per the order, Hindustan Steelworks Construction will undertake development work on Bank of Baroda’s commercial plot located at Financial City, Bengaluru Hardware Park. The project will be executed on a deposit work basis, according to the exchange filing. Last week, the company bagged multiple orders worth Rs 2.35 billion. Among these orders, NBCC has won an order worth Rs 1.86 billion from Power Grid Corporation of India Ltd. for the renovation of the latter's corporate office building in Gurugram.

Additionally, NBCC has received an order worth Rs 440 million from Mahatma Gandhi Kashi Vidyapith University in Varanasi for the construction of a multipurpose examination hall cum innovation center at the university, according to its exchange filing.

NBCC shares were trading 2.05% lower at ?95.8 apiece at 11.45 am on Tuesday, November 5. The stock has gained 75.48% this year, so far.

NBCC India said it has bagged a construction order worth Rs 5 billion from the Bureau of Indian Standards. As per the order, NBCC will construct buildings at BIS headquarters in New Delhi, central laboratory, Sahibabad, National Institute of Training for standardisation, Noida, Northern Regional Laboratory, Mohali and Bangalore Branch Laboratory, Bengaluru. On Monday, November 4, the company said its subsidiary Hindustan Steelworks Construction Ltd (HSCL) bagged work orders worth Rs 650 million in Bengaluru. As per the order, Hindustan Steelworks Construction will undertake development work on Bank of Baroda’s commercial plot located at Financial City, Bengaluru Hardware Park. The project will be executed on a deposit work basis, according to the exchange filing. Last week, the company bagged multiple orders worth Rs 2.35 billion. Among these orders, NBCC has won an order worth Rs 1.86 billion from Power Grid Corporation of India Ltd. for the renovation of the latter's corporate office building in Gurugram. Additionally, NBCC has received an order worth Rs 440 million from Mahatma Gandhi Kashi Vidyapith University in Varanasi for the construction of a multipurpose examination hall cum innovation center at the university, according to its exchange filing. NBCC shares were trading 2.05% lower at ?95.8 apiece at 11.45 am on Tuesday, November 5. The stock has gained 75.48% this year, so far.

Next Story
Equipment

Godrej Material Handling Leads East India with 21% Market Share

The Material Handling business of Godrej & Boyce, a part of Godrej Enterprises Group, is powering industrial growth in Eastern India marking over 60 per cent Y-o-Y growth in the Jamshedpur region for FY25. Solidifying its market leadership, the business commands a dominant 21 per cent market share in the Eastern region, serving as a crucial enabler for the region’s manufacturing sector. At the Indomach Expo in Jamshedpur, the business is showcasing its next-generation forklift to meet evolving needs of Eastern India’s industrial corridor. Jamshedpur, Eastern India’s industrial po..

Next Story
Equipment

Mecbo America Launches Scorpion Concrete Crawler Boom

Mecbo America, a division of Blastcrete Equipment LLC, brings a new product to its lineup: the Scorpion Concrete Crawler Boom. The Scorpion provides contractors working in piling, drilling, tunnelling or commercial construction with a flexible arm for placing concrete where needed without disrupting the jobsite. It is an economical enhancement for contractors who have a concrete pump but need an effective way to deftly move material to spots that are difficult or unsafe to reach using other methods.“As concrete contractors grow and the scope of their work changes, many recognize the need for..

Next Story
Infrastructure Urban

REC Flags off Mobile Medical Units Funded in Punjab

REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, under its flagship CSR initiative Mobile Medical Units has committed Rs 42.9 million for the procurement and deployment of four Mobile Medical Units (MMUs) in 4 districts of Punjab. These units, handed over to the Indian Red Cross Society, Punjab, were flagged off by Hon’ble Governor Shri Gulab Chand Kataria Ji at Punjab Raj Bhawan.Serving as a lifeline for deprived communities, the MMUs will provide essential healthcare across four districts. REC Foundation continues to expand its CSR footprint, with various Mobil..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?