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NBCC Secures ₹354.88 Crore Project Management Order for Gorewada Zoo Development

Written by: Team Angel OneUpdated on: 2 Jul 2025, 9:06 pm IST
NBCC awarded a ₹354.88 crore PMC contract for the Gorewada Zoo, covering Safari Plaza, animal hospital, and quarantine facility.
NBCC Secures ₹354.88 Crore Project Management Order for Gorewada Zoo Development
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NBCC (India) Limited has secured a significant project management and supervision contract worth ₹354.88 crore from FDCM Gorewada Zoo Limited. 

NBCC Bags Order for African Zoo Infrastructure

On July 2, 2025, NBCC announced the receipt of a high-value work order from FDCM Gorewada Zoo Limited for providing project management and supervision services. The order, valued at approximately ₹354.88 crore (excluding GST), involves comprehensive oversight and consultancy for developing multiple components of the Gorewada Zoo in Nagpur, Maharashtra.

This includes the construction of a safari plaza, an advanced animal hospital, a quarantine zone, and other auxiliary infrastructure. As a Public Sector Undertaking (PSU), NBCC continues to serve critical developmental roles in large-scale public projects across India.

Domestic Project with High Conservation Impact

The awarding entity, FDCM Gorewada Zoo Limited, is a domestic organisation working under Maharashtra’s forest department. The project is part of a broader ecological and tourism initiative aimed at building one of India’s most expansive zoological parks with sustainable facilities for animal care, public interaction, and environmental education.

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Scope and Strategic Relevance for NBCC

The nature of the contract is project management consultancy (PMC), which includes supervision and execution planning rather than physical construction. NBCC’s experience with smart cities, institutional complexes, and eco-tourism projects positions it well to deliver on this complex assignment. Though timelines for execution have not been disclosed, the project’s large scale indicates a multi-year engagement.

NBCC (India) Share Price Performance

On July 2, 2025, NBCC (India) share price opened at ₹124.00 on NSE, above the previous close of ₹123.21. During the day, it surged to ₹124.30 and dipped to ₹118.28. The stock is trading at ₹120.16 as of 3:16 PM. The stock registered a decline of 2.48%.

Over the past week, it has declined by 3.03%, over the past month, it has declined by 3.78%, and over the past 3 months, it has moved up by 44.96%.

Conclusion

NBCC’s ₹354.88 crore PMC contract for Gorewada Zoo reflects its strength in managing complex, high-impact public projects. The zoo’s development is expected to be a milestone in eco-tourism and conservation infrastructure, adding another feather to NBCC’s diverse project portfolio.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities are subject to market risks. Read all related documents carefully before investing.

Published on: Jul 2, 2025, 3:35 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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