NBCC Secures ₹76.27 Crore Project from Dharanidhar University, Odisha

NBCC (India) Ltd has been awarded a new project valued at approximately ₹76.27 crore (excluding GST) from Dharanidhar University, Keonjhar, Odisha. The order has been granted by the domestic entity for the development of key academic and residential infrastructure within the university campus.

Scope of Work

The project involves the construction of an academic building, hostel building, and other essential infrastructure facilities, along with external development works. 

The assignment will be executed under a Project Management Consultancy (PMC) model, wherein NBCC will oversee planning, coordination, and execution to ensure timely and quality delivery. 

The development is aimed at strengthening the educational infrastructure of Dharanidhar University and enhancing campus facilities for students and faculty.

Order Details

• Awarding Entity: Dharanidhar University, Keonjhar, Odisha
• Nature of Contract: Project Management Consultancy
• Category: Domestic order
• Project Value: ₹76.27 crore (approx., excluding GST)

The time period for execution has not been specified in the disclosure.

Strengthening Order Book

This order further reinforces NBCC’s presence in the education infrastructure segment. The company continues to secure domestic projects across sectors, reflecting steady order inflows and expanding execution capabilities. Educational infrastructure projects remain a key focus area, supporting long-term growth opportunities.

Explores Infrastructure Development Opportunities in Seychelles

In another filing, the company also announced that it recently held discussions with a high-level delegation led by the Vice President of the Republic of Seychelles at its headquarters in New Delhi. 

During the meeting, both sides deliberated on potential island infrastructure development projects in Seychelles. The proposed development, spread across approximately 139 acres, is expected to include affordable social housing, leisure and hospitality facilities, premium villas, a sports arena, and other key social infrastructure, highlighting a comprehensive approach toward integrated urban development.

Also Read: Dividend and Bonus Issue this Week (Feb 23-27)!

Conclusion

The ₹76.27 crore project win from Dharanidhar University highlights NBCC’s continued traction in institutional infrastructure development. With its expertise in project management consultancy, the company is expected to play a crucial role in delivering modern academic and residential facilities. The order also contributes positively to NBCC’s order book and strengthens its footprint in Odisha.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a private recommendation/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 the securities market are subject to market risks, read all the related documents carefully before investing.