NBCC Receives ₹161.55 Crore Work Order from Power Finance Corporation

NBCC (India) Ltd has been awarded a contract worth ₹161.55 crore (excluding GST) by Power Finance Corporation Limited. The project involves carrying out interior works at Tower H of the World Trade Centre, located in Nauroji Nagar, New Delhi. The work order was received in the regular course of business. The company disclosed this update in a regulatory filing dated May 21, 2025.

As of 10:18 AM on May 22, 2025, NBCC (India) share price was trading at ₹113.51, a 0.26% increase, with a 26.88% increase over the past 6 months and 14.54% over the past year.

Details of the Project

The scope of the work is limited to interior development within Tower H. No additional technical or structural development is mentioned. The project is part of NBCC’s involvement in government and public sector infrastructure assignments.

Residential Project Auction in Noida

Last week, NBCC concluded the e-auction for its residential project, Aspire Silicon City – Phase 4, in Noida. The development and selling rights were awarded to AU Real Estate for ₹1,467.93 crore. The project spans 8.5 acres and includes seven residential towers. Out of these, 5 towers comprising 446 apartments have been transferred as part of the deal.

Read more: NBCC Receives Work Orders Worth ₹64.67 Crore Across Three States!

Revised Layout and Features

The layout of Aspire Silicon City – Phase 4 has been updated to accommodate market demand for larger residential spaces. The revised plan includes spacious apartment units and a small number of penthouses. 

Conclusion

NBCC’s recent updates include a government interior project in New Delhi and 1 of the larger residential property transactions in Noida this year. Both developments are part of the company’s current business activities.

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