NBCC to redevelop projects worth Rs 100 billion in Goa

29 Oct 2024 CW Team

NBCC (India) will undertake development and redevelopment projects in Goa valued at approximately Rs 100 billion. The projects will be executed in phases.

The initial phase includes six projects worth over Rs 17 billion. These developments span a total plot area of around 53,000 square meters, with a built-up area of approximately 1,85,000 square meters.

NBCC will develop key commercial and administrative spaces, including: - Junta House on 18th June Road and Government Garage on M.G. Road, Panjim - An administrative building at Porvorim - A circuit house and hotel at Altinho - Commercial and residential spaces for government quarters at St. Inez - A mini convention centre at Tiswadi Patto

Additionally, NBCC will conduct a feasibility study for the redevelopment of the Vasco bus stand.

The Goa government will retain a portion of the built-up area from these projects after covering the project costs. NBCC will also act as the project management consultant (PMC) for other development initiatives where the state government provides funding. (ET)

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..