NBCC wins ₹2,966 crore NMRDA order, adds more

Fresh order wins across clients

State-owned NBCC (India) Limited has reported a string of new work orders through multiple exchange filings, spanning project management consultancy (PMC), construction, and infrastructure development. In one disclosure, the company said it secured multiple work orders cumulatively valued at about ₹176.28 crore in the normal course of business. The contracts cover government and institutional clients and include both building construction and consultancy-led execution mandates. Separately, NBCC also reported orders worth around ₹271.32 crore. Across the set of announcements, the order pipeline reflects steady traction in public-sector linked projects.

Canara Bank projects in Kerala

Among the contracts highlighted, NBCC received a Canara Bank order worth about ₹54.35 crore for the construction of an office building and residential quarters at Palarivattom in Kochi. The company also secured another Canara Bank contract valued at about ₹7.46 crore for constructing residential apartments in Thrissur. In another filing, NBCC said it received a ₹45.09 crore order from Canara Bank to construct the bank’s regional or circle office building at Ranchi in Jharkhand. Taken together, the Canara Bank-linked work spans multiple locations and asset types, from office premises to residential housing.

Institutional projects: Agra and Madurai

NBCC reported a ₹42.37 crore order from the National Horticulture Board to plan, design and execute the International Potato Centre in Agra, along with other miscellaneous works. It also announced a ₹29.49 crore order from the National Institute for Empowerment of Persons with Multiple Disabilities (NIEPMD) for PMC services to build a new campus for the Composite Regional Centre at Pudhupatti, Madurai, Tamil Nadu. In one disclosure, NBCC described these two orders as aggregating to ₹71.86 crore (excluding GST). The filings position these projects as part of the company’s routine business operations, with NBCC operating as both executor and PMC provider depending on the mandate.

The largest mandate: NMRDA’s Naveen Nagpur Phase-1

In a separate announcement, NBCC said it bagged an order from the Nagpur Metropolitan Region Development Authority (NMRDA) for PMC for the development of Naveen Nagpur for NMRDA Phase-1. The broad consideration or size of the order was disclosed at approximately ₹2,966.10 crore (excluding GST). NBCC stated the work is in the normal course of business of the company. The scale of this mandate stands out sharply against the other reported contracts, indicating a multi-year, program-style engagement typical of large urban development initiatives.

HUDCO work orders and scope breakdown

NBCC also reported work orders worth ₹117.00 crore from Housing and Urban Development Corporation (HUDCO). The scope includes development of a commercial plot at Kaushambi, Ghaziabad, Uttar Pradesh, valued at ₹23.08 crore and development of a HUDCO plot at Panchkula, Haryana, valued at ₹26.92 crore. The company also received an order for construction of additional blocks at HUDCO’s regional office in Ahmedabad, Gujarat, valued at ₹63.36 crore. Another component involves reconstruction of flats at the Asian Games Village Complex (AGVC) in New Delhi, valued at ₹3.65 crore. This cluster of projects is spread across multiple states and mixes plot development with office and residential reconstruction.

July 3 filing: Bengaluru and Odisha projects

In a regulatory disclosure dated Thursday, July 3, NBCC announced fresh project wins totaling ₹65.73 crore. The largest of these is a PMC assignment from the Rajiv Gandhi Institute of Petroleum Technology for the construction and development of multiple buildings, along with external development works at the Energy Institute in Bengaluru, Karnataka, valued at ₹43.90 crore. NBCC also secured two contracts from Navodaya Vidyalaya Samiti (NVS). One is for construction of a regional office building for NVS in Bhubaneswar, Odisha, valued at ₹6.42 crore, and the other is for construction of central covered courtyards across various Jawahar Navodaya Vidyalayas in Odisha, estimated at ₹15.41 crore.

Additional wins: Odisha, Hyderabad, and Delhi

In another exchange filing, NBCC said it secured three contracts aggregating to ₹64.67 crore. The company received a ₹16.97 crore contract from Dhamnagar College in Odisha for planning, designing, and executing various developmental works. It also won a ₹18.05 crore project for infrastructure development at the National Academy of Legal Studies and Research in Hyderabad. The third order, worth ₹29.65 crore, involves the construction of a hostel block at Sewa Bharti, Vidya Mandir Mandoli in New Delhi. These awards add to the spread of education and institutional infrastructure mandates reported by the company.

Key orders snapshot

Market impact and what the mix indicates

The disclosed awards show NBCC’s order inflows coming from a mix of banks, government-linked financial institutions, education bodies, and urban development authorities. The NMRDA mandate is the single largest value item disclosed, and its “broad consideration” wording suggests a large umbrella PMC engagement. Smaller orders, including those from Canara Bank and HUDCO, point to continued demand for office, residential, and campus infrastructure. The July 3 filing adds a clear split between a large PMC job in Bengaluru and multiple construction-focused works in Odisha. Together, the filings highlight a diversified public-sector client base rather than dependence on one category of buyer.

Conclusion

NBCC’s recent exchange filings point to multiple incremental project wins alongside a very large PMC mandate from NMRDA valued at about ₹2,966.10 crore (excluding GST). The disclosed projects span Kochi, Thrissur, Ranchi, Agra, Madurai, Bengaluru, Odisha, Hyderabad, and New Delhi. The company has described several of these awards as being in the normal course of business, with scope ranging from planning and execution to full construction delivery. Further clarity on timelines and execution milestones is likely to emerge through subsequent regulatory updates as projects move from award to implementation.