NBCC Secures Rs 35 Bn Work Order for Mixed-Use Development in Lucknow

16 Jan 2025 CW Team

State-owned NBCC (India) Ltd has secured a Rs 3,500 crore work order for the development of a mixed-use project in Lucknow. In a regulatory filing made on Monday, NBCC announced it had signed a Memorandum of Understanding (MoU) with Sarkari Awas Nirman Avam Vitt Nigam Ltd, which will award the works for mixed land-use development at Poorvi Vihar, Lucknow, covering an area of 588 acres. NBCC has been appointed as the Project Management Consultant (PMC) for this large-scale project. As per the MoU, NBCC is tasked with taking possession of the site and handling the planning, design, and development of a 50-acre encumbrance-free site as Phase 1 of the project. The approximate value of this initial phase is Rs 3,500 crore.

NBCC will execute the project on a ‘deposit on work’ basis, with a 10% charge on the actual cost of the project, in addition to applicable GST and taxes. NBCC, primarily involved in Project Management Consultancy and real estate development, continues to strengthen its position in the infrastructure sector.

Infrastructure Urban

11 Mar 2026

India Expands Semiconductor Training To 500 Institutions

Under the Chips to Startups programme of the India Semiconductor Mission, the Union minister responsible for Railways, Information and Broadcasting, and Electronics and IT reported notable progress in talent development. He indicated that over the past four years substantial steps have been taken towards a 10-year target of training 85,000 engineers in semiconductor design. World-class EDA tools have been deployed in 315 academic institutions across the country to provide students with practical exposure to chip design. These EDA tools are supported by leading global firms and are accessible t..

Delhi Institutions Support India Semiconductor Mission

The Government of India has prioritised talent development through training, upskilling and workforce development under the Chips to Startups initiative of the India Semiconductor Mission, with officials noting progress in four years towards a 10-year target of training 85,000 engineers in semiconductor design. Electronic design automation tools provided by Synopsys, Cadence, Siemens, Renesas, Ansys and AMD have been deployed in 315 academic institutions, enabling students to gain practical chip design experience. Chips have been fabricated and tested at the Semiconductor Laboratory, Mohali, a..

NHA Announces Winners Of NHCX Hackathon At IIT Hyderabad

The National Health Authority (NHA) has concluded the NHCX Hackathon under the Ayushman Bharat Digital Mission (ABDM) to stimulate innovation around the National Health Claims Exchange (NHCX). The winning teams presented their solutions at the NHCX Innovation Meet held at IIT Hyderabad during a two-day event in March 2026 that also served as the hackathon grand finale. The hackathon itself ran from 22 to 28 February 2026 and aimed to accelerate paperless, transparent claims processing across India. The event was organised with a range of ecosystem partners, including the Insurance Regulatory a..