Tuesday 21st September 2021

NBCC BAGS Rs 2526 crore WORK ORDER

Feb 9th, 2016 9:43 am | By | Category: LATEST NEWS

NBCC, the state-owned Navratna CPSE, has bagged Rs 2526 crore work order in the month of January 2016 alone. With this, the Company’s order
book for FY 2015-16 till January, 2016, has touched Rs 17170 crore. Talking to the media, NBCC CMD, Dr. Anoop Kumar Mittal informs that the Company has recently secured a few
prestigious work contracts in Delhi from AIIMS and ITPO. These
include development of Jai Prakash Narayan Apex Trauma Centre of Rs 2000 crore and Redevelopment of Residential complexes of Rs 5828 crore, both from AIIMS. The other
significant work order very recently bagged, is from ITPO for construction of Integrated Exhibition-cum-Convention Centre at Pragati Maidan, Delhi valued at approx Rs 2200 crore. The ITPO work is basically a redevelopment project comprising
demolition of existing structures and putting in place, state-of-the-art facilities for holding all sorts of global trading events at Pragati Maidan, Dr. Mittal said. In the context, he also informs that NBCC  is poised to achieve around Rs 40,000 crore work
order by the end of FY 2015-16 and post a growth of about 25% CAGR in the year.

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