NBCC Wins Rs 646.7 Million Orders Across Education Projects

26 Apr 2025 CW Team

NBCC (India) Limited has secured fresh infrastructure orders worth Rs 646.7 Mn, strengthening its position in the educational infrastructure sector. The contracts span three projects across Delhi, Hyderabad and Odisha, awarded by state government departments and educational institutions.

The largest order, valued at Rs 296.5 Mn, involves the construction of a hostel block at Sewa Bharti’s Vidya Mandir in Mandoli, Delhi. Another major project is the infrastructure development at NALSAR University of Law, Hyderabad, worth Rs 180.5 Mn. The third order, worth Rs 169.7 Mn, pertains to developmental works for Dhamnagar College in Bhadrak, Odisha.

These wins underline NBCC’s growing footprint in the public sector infrastructure domain, particularly in the education segment. Although such orders form part of the company’s regular business activities, they highlight continued momentum in project acquisition.

Earlier in March, NBCC signed a memorandum of understanding with Mahatma Phule Renewable Energy and Infrastructure Technology Limited for consultancy and redevelopment projects. With this collaboration, NBCC targets revenue of Rs 50 Bn for the financial year 2025–26.

NBCC expects to maintain a stable earnings before interest, taxes, depreciation and amortisation margin of 5.5 to 6 per cent for FY25, as stated by Chairman and Managing Director K P Mahadevaswamy.

Source: Capital Market - Live News

Infrastructure Transport

16 Sep 2025

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..