NBCC bags Rs 2,526-cr work orders in month of January

State-owned Navratna CPSE National Buildings Construction Corporation (NBCC) has bagged Rs 2,526 crore worth of work orders in the month of January this year.

According to a press release, the company’s order book for FY 2015-16 till January, 2016, has touched Rs 17,170 crore.

Talking to the media, NBCC CMD Dr Anoop Kumar Mittal said the company has recently secured a few prestigious work contracts in Delhi from AIIMS and ITPO. These include development of Jai Prakash Narayan Apex Trauma Centre of Rs 20,00crore and redevelopment of residential complexes of Rs 5,828 crore, both from AIIMS.

The other significant work order recently bagged, is from ITPO for construction of an integrated exhibition-cum-convention centre at Pragati Maidan, Delhi valued at approx Rs 2,200 crore. The ITPO work is basically a redevelopment project comprising demolition of existing structures and putting in place, state-of-the-art facilities for holding all sorts of global trading events at Pragati Maidan, Dr. Mittal said.

In the context, he also informed that NBCC is poised to achieve around Rs 40,000 crore work order by the end of FY 2015-16 and post a growth of about 25 per cent CAGR in the year.