NBCC Wins Rs 820 Million Contract for Lokpal Renovation Project

02 Apr 2025 CW Team

Additionally, NBCC, a Navratna enterprise under the Government of India, has entered into a Memorandum of Understanding (MoU) with the Maharashtra Asset Housing and Development Authority (MAHAPREIT), a division of the Maharashtra Government. This agreement enables NBCC to undertake consultancy, engineering, procurement, construction (EPC), fee-based, and redevelopment projects across Maharashtra.

The MoU was formalized on March 26, 2025, marking NBCC's expansion into Maharashtra’s redevelopment sector following its significant contributions to urban transformation in Delhi. Under the agreement, NBCC will act as a project management consultancy (PMC) contractor for a period of two to three years, overseeing project execution.

Earlier in the week, NBCC secured two additional contracts totaling Rs 6.58 billion, further strengthening its order book. The Uttarakhand Investment and Infrastructure Development Board awarded a contract worth Rs 4.38 billion for various infrastructure and redevelopment works in Haridwar. This project includes rejuvenation of public spaces, development of business and exercise districts, and urban improvements to support regional growth.

Another contract, valued at Rs 2.19 billion, was awarded by the Centre for Development of Telematics (C-DOT) for planning, supervision, and construction of buildings at its Mehrauli campus in New Delhi. The project encompasses a data centre, residential housing, hostels, a technical block, and associated infrastructure to support C-DOT’s operations.

These contracts align with NBCC’s corporate growth strategy, reinforcing its leadership in the redevelopment and infrastructure sector in India. The projects are expected to contribute significantly to the company’s revenue, further solidifying its position as a key player in construction and engineering.

News source: Indian Infoline

NBCC (India) has secured a work order worth Rs 820.08 million from the Lokpal of India for renovation and interior upgrades at the Lokpal premises in Vasant Kunj, New Delhi. The project involves a comprehensive refurbishment aimed at enhancing the operational infrastructure of the office. Additionally, NBCC, a Navratna enterprise under the Government of India, has entered into a Memorandum of Understanding (MoU) with the Maharashtra Asset Housing and Development Authority (MAHAPREIT), a division of the Maharashtra Government. This agreement enables NBCC to undertake consultancy, engineering, procurement, construction (EPC), fee-based, and redevelopment projects across Maharashtra. The MoU was formalized on March 26, 2025, marking NBCC's expansion into Maharashtra’s redevelopment sector following its significant contributions to urban transformation in Delhi. Under the agreement, NBCC will act as a project management consultancy (PMC) contractor for a period of two to three years, overseeing project execution. Earlier in the week, NBCC secured two additional contracts totaling Rs 6.58 billion, further strengthening its order book. The Uttarakhand Investment and Infrastructure Development Board awarded a contract worth Rs 4.38 billion for various infrastructure and redevelopment works in Haridwar. This project includes rejuvenation of public spaces, development of business and exercise districts, and urban improvements to support regional growth. Another contract, valued at Rs 2.19 billion, was awarded by the Centre for Development of Telematics (C-DOT) for planning, supervision, and construction of buildings at its Mehrauli campus in New Delhi. The project encompasses a data centre, residential housing, hostels, a technical block, and associated infrastructure to support C-DOT’s operations. These contracts align with NBCC’s corporate growth strategy, reinforcing its leadership in the redevelopment and infrastructure sector in India. The projects are expected to contribute significantly to the company’s revenue, further solidifying its position as a key player in construction and engineering. News source: Indian Infoline

Resources

03 Jun 2026

TKIL Industries Appoints Gaurav Srivastava as CFO

TKIL Industries has appointed Gaurav Kumar Srivastava as Chief Financial Officer (CFO), effective 1 June 2026. He succeeds Ketan Pendse, Chief Financial Officer and Whole-time Director, who is stepping down after more than two decades with the company. Srivastava previously served as Executive Vice President, Finance & Taxation.Announcing the appointment, Vivek Bhatia, Managing Director & CEO, TKIL Industries, thanked Pendse for his long-standing contribution to the organisation and wished him success in his future endeavours.Bhatia said, “Gaurav’s appointment reflects our continued focus ..

Technology

03 Jun 2026

Siemens Launches Intelligence Center X for AI

Siemens has launched Intelligence Center X, an industrial AI orchestration software designed to help organisations move from isolated AI pilots to scalable business impact. The software enables people and AI agents to work together through shared context, workflows and lifecycle intelligence.Part of Siemens Xcelerator, Intelligence Center X connects industrial data, models and workflows on a governed foundation, allowing companies to deploy AI-driven applications and agents with traceability and control. It combines the Mendix low-code platform with Siemens’ Graph Studio and AI Studio softwa..

Infrastructure Energy

03 Jun 2026

DIPA Adds Gruner Renewable Energy as Member

The Digital Infrastructure Providers Association (DIPA) has onboarded Gruner Renewable Energy as a new member to support the integration of green energy solutions into India’s telecom and digital infrastructure ecosystem.DIPA, India’s apex industry body for digital infrastructure providers and a key stakeholder under the National Broadband Mission 2.0 of the Department of Telecommunications, said the partnership aligns with its vision of building a zero-carbon and future-ready ecosystem.India’s telecom sector is among the country’s most energy-intensive industries, with towers, fibre n..