Shopping cart

    Subtotal ₹0.00

    View cartCheckout

    Magazines cover a wide array subjects, including but not limited to fashion, lifestyle, health, politics, business, Entertainment, sports, science,

    Shopping cart

      Subtotal ₹0.00

      View cartCheckout

      Magazines cover a wide array subjects, including but not limited to fashion, lifestyle, health, politics, business, Entertainment, sports, science,

      • Home
      • Economy
      • NBCC’s consolidated order book touches Rs 1.26 lakh cr: CMD
      Economy

      NBCC’s consolidated order book touches Rs 1.26 lakh cr: CMD

      NBCC
      Email :3

      State-owned NBCC Ltd’s consolidated order book has reached over Rs 1.26 lakh crore at the end of the September quarter and the company is expecting to secure more contracts in the second half of this fiscal year.

      NBCC Ltd is into project management consultancy (PMC), Engineering Procurement & Consultancy (EPC) and real estate businesses.

      “In terms of order book position, NBCC’s standalone order book is standing at Rs 1,12,000 crore and consolidated order book Rs 1,26,000 crore,” NBCC CMD K P Mahadevaswamy informed analysts.

      As per the transcript posted on stock exchanges on Tuesday, the new business secured in the second quarter stood at Rs 3,600 crore on a consolidated basis.

      Mahadevaswamy said the company is in talks with many state governments, including Bihar and West Bengal. He hoped to secure substantial work order in the second half of the 2026-27 fiscal year.

      Last week, NBCC Ltd signed an MoU with the Bihar government to develop four residential and commercial projects at a cost of Rs 2,000 crore.

      The company informed that “a Memorandum of Understanding has been signed with various departments of the Government of Bihar to undertake four redevelopment projects in Patna under Phase-I on a self-financing basis without budgetary assistance from the State Government”.

      0 0 votes
      Article Rating
      Subscribe
      Notify of
      guest
      0 Comments
      Oldest
      Newest Most Voted

      Related Posts

      Join

      To Receive Daily Updates

      0
      Would love your thoughts, please comment.x
      ()
      x