NEW DELHI: NBCC (India) Limited, a leading Navratna Central Public Sector Enterprise (CPSE) under the Ministry of Housing and Urban Affairs, has secured two new Project Management Consultancy (PMC) contracts with a combined value of ₹108.85 crore (excluding GST). The company disclosed the development through a regulatory filing to the stock exchanges on July 24, 2026.

The newly awarded projects include the construction of a Clean Plant Centre in Srinagar, Jammu & Kashmir, and the development of boys’ and girls’ hostels at multiple locations across Odisha. Both contracts have been awarded by domestic government clients and are part of NBCC’s regular business operations.

Table of Contents

Major Project 1: Clean Plant Centre in Srinagar

The first project has been awarded by the National Horticulture Board.

Project Details

Client: National Horticulture Board
Project: Construction of a Clean Plant Centre Laboratory and Office Building
Location: ICAR–Central Institute of Temperate Horticulture (ICAR-CITH), Srinagar
Project Value: ₹20.42 crore (excluding GST)
Nature of Project: Domestic Project

The proposed facility is expected to strengthen India’s horticulture sector by supporting the production of disease-free planting material, advanced research, and improved quality standards for fruit crops grown in temperate regions.

Major Project 2: Construction of Student Hostels in Odisha

The second and larger contract has been awarded by the Directorate of Technical Education and Training (DTET), Odisha, headquartered in Cuttack.

Project Details

Client: Directorate of Technical Education and Training, Odisha
Project: Construction of Boys’ and Girls’ Hostels
Locations: Various educational institutions across Odisha
Project Value: ₹88.43 crore (excluding GST)
Nature of Project: Domestic Project

The hostel infrastructure is expected to improve residential facilities for students enrolled in technical and vocational institutions, enhancing access to quality education and supporting skill development across the state.

Total Value of New Orders

The combined value of the two newly awarded contracts is:

₹108.85 crore (excluding GST)

According to NBCC:

Both contracts are awarded in the normal course of business.
Both are Project Management Consultancy (PMC) assignments.
There is no related-party involvement in either project.
Details have been uploaded to the company’s official website and disclosed to the stock exchanges in accordance with regulatory requirements.

Significance of the Projects

These new orders further strengthen NBCC’s order book and reinforce its position as one of India’s leading government-owned engineering and construction companies.

The projects are expected to contribute to:

Modern horticulture infrastructure
Agricultural research and innovation
Educational infrastructure development
Student welfare
Regional economic growth
Employment generation during construction

The awards also reflect continued government investment in both agricultural modernization and higher education infrastructure.

About NBCC (India) Limited

NBCC (India) Limited is a Navratna Public Sector Enterprise specializing in:

Project Management Consultancy (PMC)
Engineering Procurement and Construction (EPC)
Real Estate Development
Smart City Projects
Institutional Infrastructure
Healthcare Facilities
Educational Campuses
Government Office Buildings
Urban Redevelopment Projects

The company executes major infrastructure projects for various ministries, state governments, public sector enterprises, and autonomous institutions across India.

American Experts React

David Anderson, Infrastructure Development Consultant (United States)

David Anderson said the newly awarded projects demonstrate the importance of investing in both agricultural and educational infrastructure.

“Projects that strengthen agricultural research while expanding educational facilities create long-term economic value. Investments in modern laboratories and student accommodation contribute directly to innovation, workforce development, and regional growth.”

He added that government-backed infrastructure projects often generate significant employment and improve public services.

Emily Carter, Public Infrastructure Analyst (United States)

Emily Carter described the contracts as strategically important for India’s development priorities.

“Developing specialized research facilities alongside modern student hostels reflects a balanced approach to national development. Institutions require quality infrastructure to support scientific advancement, education, and long-term human capital growth.”

She noted that experienced project management organizations such as NBCC play a crucial role in delivering large public infrastructure projects efficiently and transparently.

Future Outlook

The addition of these ₹108.85 crore contracts is expected to further strengthen NBCC’s project portfolio and reinforce its role in implementing key government infrastructure initiatives.

As India continues investing in education, research, urban development, and public infrastructure, NBCC is expected to remain a major execution agency for projects that contribute to sustainable growth and national development.

Key Highlights

NBCC (India) Limited has secured two new Project Management Consultancy (PMC) orders worth ₹108.85 crore (excluding GST).
The first project, valued at ₹20.42 crore, involves constructing a Clean Plant Centre Laboratory and Office Building at ICAR-CITH, Srinagar for the National Horticulture Board.
The second project, worth ₹88.43 crore, involves constructing boys’ and girls’ hostels at multiple locations in Odisha for the Directorate of Technical Education and Training.
Both contracts are domestic projects, awarded in the normal course of business, with no related-party involvement.
The projects are expected to strengthen horticulture research, educational infrastructure, and regional development.
American experts believe the new contracts will support scientific innovation, student welfare, employment generation, and long-term infrastructure development across India.