NBCC bags Rs 501.45-cr contracts, biggest in Rajasthan, to builds labs in 922 govt schools
State-owned NBCC has secured four new contracts valued at Rs 501.45 crore. The company will construct 2,256 science laboratories for Rajasthan schools on a turnkey basis. NBCC also received a Rs 60.61-crore engineering contract from Bharat Electro...
In a regulatory filing on Tuesday, NBCC informed that it has received work orders in the ordinary course of business amounting to Rs 501.45 crore.
Giving details, the company said it has secured a contract of Rs 430.69 crore from the Rajasthan Council of School Education to construct 2,256 science laboratories (Physics, Chemistry & Biology) in 922 government schools of Rajasthan on a turnkey basis.
Also Read: IRB Infrastructure Trust to transfer two BOT Highway assets with enterprise value of Rs 4,605 crore
NBCC has bagged a Rs 60.61-crore order from Bharat Electronics Ltd (BEL). This is an engineering, procurement and construction contract to create infrastructure facilities for NFTRs at BEL.
Power Finance Corporation Ltd awarded two contracts to NBCC totalling more than Rs 10 crore under its CSR initiative.
Also Read: NBCC awards Rs 955 crore contracts in Q1; signs MoU for AP Bhawan project
The first Rs 5.38-crore contract is for the Project Management Agency (PMA) for the construction of a state-of-the-art facilitation centre for tourists at Aizawl, Mizoram.
NBCC has got another PMA order worth Rs 4.77 crore for the construction of a school building under Phase II at Dr K B Hedgewar Higher Secondary School of Arts Commerce & Science at Cujira, Bambolim, Goa.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.