NBCC received approx Rs. 316 Crore work order

New Delhi: Navratna PSU, NBCC (India) Limited, formerly known as National Buildings Construction Corporation received the work order in the normal course of business, amounting to approx Rs. 316 Crore, the company said in its regulatory filing.

The work profile for this project is the Upgradation of Primary School Hostel (PSH) under the State Sector Scheme at various locations in the state of Odisha. The work order is given by ST & SC Development, Minorities & Backward Classes Welfare Department, Government of Odisha.

Join PSU Connect on WhatsApp now for quick updates! Whatsapp Channel

Read Also : Indranil Bhattacharyya appointed as new Executive Director of RBI

NBCC Limited and its Specifications

National Buildings Construction Corporation (NBCC Limited) is India's leading engineering, procurement, and construction (EPC) company. It is a Government of India Navratna Enterprise under the Ministry of Housing and Urban Affairs. NBCC with its highly skilled professionals with extensive experience team has good hands in the construction industry and delivers high-quality projects.

According to the NBCC official website, as on 07.10.2024 18 nos. research projects valuing Rs 821.044 lakhs (approx.) have been completed in collaboration with various Premiere Research Institutes

Read Also : PSU Dividend: IRFC and NMDC shares to get focus as PSU to trade ex-date on 21 March

NBCC's Core Business Segments

NBCC primarily operates in three key segments:

1. Project Management Consultancy (PMC)

2. Engineering, Procurement, and Construction (EPC)

3. Real Estate Development

NBCC Financial Performance

The company has experienced substantial growth since 2002-03, with its revenue increasing from a modest Rs 501 crore in FY 2002-03 to a remarkable Rs 10,666.68 crore in FY 2023-24.

Read Also : Coal India’s arm Monetizes 2 MTPA Dugda Coal Washery, ensuring Energy Self-reliance