NBCC Wins Rs 29.7 Billion PMC Contract In Nagpur
ECONOMY & POLICY

NBCC Wins Rs 29.7 Billion PMC Contract In Nagpur

NBCC (India) rose 1.90 per cent to Rs 115.15 after securing a project management consultancy (PMC) contract worth Rs 29.66 billion for the development of Naveen Nagpur under Phase 1 of the Nagpur Metropolitan Region Development Authority (NMRDA).

The company said the Rs 29.66 billion order value, excluding GST, has been awarded by NMRDA and falls within its ordinary course of business. The scope of work covers providing PMC services for the development of Naveen Nagpur, a significant regional infrastructure project. NBCC added that the contract has been awarded by a domestic authority, is not a related-party transaction, and that neither its promoters nor promoter group companies have any interest in the awarding body.

NBCC (India) operates across three key segments: project management consultancy, real estate and engineering procurement and construction.

In Q2 FY26, the company’s consolidated net profit rose 25.21 per cent to Rs 1.57 billion, while revenue from operations increased 18.99 per cent to Rs 29.10 billion compared with Q2 FY25.

NBCC (India) rose 1.90 per cent to Rs 115.15 after securing a project management consultancy (PMC) contract worth Rs 29.66 billion for the development of Naveen Nagpur under Phase 1 of the Nagpur Metropolitan Region Development Authority (NMRDA). The company said the Rs 29.66 billion order value, excluding GST, has been awarded by NMRDA and falls within its ordinary course of business. The scope of work covers providing PMC services for the development of Naveen Nagpur, a significant regional infrastructure project. NBCC added that the contract has been awarded by a domestic authority, is not a related-party transaction, and that neither its promoters nor promoter group companies have any interest in the awarding body. NBCC (India) operates across three key segments: project management consultancy, real estate and engineering procurement and construction. In Q2 FY26, the company’s consolidated net profit rose 25.21 per cent to Rs 1.57 billion, while revenue from operations increased 18.99 per cent to Rs 29.10 billion compared with Q2 FY25.

Next Story
Infrastructure Transport

Navi Mumbai Airport To Begin Flights On 25 December

Navi Mumbai International Airport (NMIA) will begin commercial operations on 25 December, starting with 23 scheduled daily departures. For the first month, the airport will operate from 8 am to 8 pm, handling up to 10 flight movements per hour. Developed by Navi Mumbai International Airport Pvt Ltd (NMIAL), a joint venture between the Adani Group and the City and Industrial Development Corporation of Maharashtra Ltd (CIDCO), NMIA is the second major airport serving the Mumbai Metropolitan Region. It was inaugurated by Prime Minister Narendra Modi on 8 October. In its initial phase, the airpo..

Next Story
Infrastructure Transport

Kolhapur Airport Gets Revised Funding Approval

The Maharashtra government has approved a major revision in funding for the expansion of Kolhapur Airport, issuing fresh administrative and financial approval totalling Rs 2.9 billion. The allocation, formalised through a Government Resolution (GR) dated 17 November, covers the completion of land acquisition and associated works. The decision follows a proposal from the Maharashtra Airport Development Company (MADC), which oversees airport development across the state. As per the GR, the revised budget provides for acquiring 30.25 hectares of land. This includes 26.65 hectares identified thro..

Next Story
Infrastructure Transport

Sarla Aviation To Build Major eVTOL Hub In Andhra Pradesh

Sarla Aviation will set up a large-scale manufacturing hub for electric vertical take-off and landing (eVTOL) aircraft in Andhra Pradesh after signing an MoU with the state government at the CII Partnership Summit 2025 in Visakhapatnam. The Bengaluru-based firm has committed an initial investment of Rs 13 billion to develop a 500-acre integrated campus in Anantapur district. Branded the “Sky Factory”, the project is positioned as one of the world’s largest eVTOL production clusters and will support the state’s plans to expand local aerospace manufacturing and urban air-mobility infras..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement