NBCC (India) Limited has informed the Exchange regarding 'Intimation of work order received by NBCC in normal course of business, amounting Rs. 172.46 Crore (approx.)'.
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NBCC (India) Limited has secured a new work order valued at approximately Rs. 172.46 crore from UCO Bank. The project involves construction of a modern high-rise structure for UCO Bank's Head Office with Green Building Rating at New Town, Kolkata. The order falls under NBCC's Project Consultancy Management business. The order is domestic in nature and will be executed in India. NBCC has described this as part of its normal course of business.
This is a moderate-sized order for NBCC and adds to its existing order book, providing revenue visibility. As a PSU bank project, it carries relatively low execution risk, though it is not large enough to materially shift NBCC's overall revenue trajectory.