NBCC Secures Rs 2966 Crore Contract from NMRDA
Filing Summary
NBCC (India) Ltd has received a work order valued at approximately Rs 2966 crore from the Nagpur Metropolitan Region Development Authority (NMRDA). The contract involves Project Management Consultancy (PMC) for the development of Naveen Nagpur under Phase-1. This order is part of NBCC’s regular business activities. The details of the contract, including its domestic nature and the absence of related party transactions, are outlined in the company’s filing. Additional information is available on NBCC’s official website.
NBCC (India) Ltd has been awarded a work order valued at approximately Rs 2966 crore by the Nagpur Metropolitan Region Development Authority (NMRDA). The contract pertains to Project Management Consultancy for the development of Naveen Nagpur under Phase-1.
This contract is part of NBCC’s ordinary business operations. The work order was awarded by a domestic entity, and the nature of the contract is domestic. There are no related party transactions involved in this contract.
Additional details regarding the contract are provided in Annexure-I of the filing. The information is also accessible on NBCC’s official website.
Nagpur Metropolitan Region Development Authority (NMRDA) is responsible for the planning and development of the Nagpur Metropolitan Region. It focuses on infrastructure development and urban planning to enhance the region’s growth and sustainability.
NBCC (India) Ltd is a government-owned corporation engaged in project management consultancy, real estate development, and engineering procurement and construction services. The company focuses on executing large-scale infrastructure projects and enhancing its portfolio in the construction and development sectors.