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Pyrifera Investment Advisors

8th May · SEBI-Registered Analyst

NBCC Wins ₹252.8 Crore PMC Contract for School Development in Odisha

NBCC (India) Limited has been awarded a Project Management Consultancy (PMC) contract worth ₹252.80 crore (excluding GST) from the Odisha School Education Programme Authority for the Godabarisha Mishra Adarsha Prathamika Vidyalaya (GMAPV) Scheme – Phase-II. Scope: NBCC will oversee the development and modernization of 46 schools across multiple districts in Odisha. Role includes end-to-end project management: planning, design coordination, tendering, construction supervision, and quality assurance. Strategic Significance: Social Infrastructure Leadership: Reinforces NBCC's expertise in executing large-scale public-sector education projects, aligning with national goals for improved learning infrastructure. Revenue Visibility: Adds meaningful order book value with steady fee-based income over the project lifecycle. State Partnership: Strengthens NBCC's relationship with the Odisha government, potentially unlocking future tenders in education, health, and urban development. Outlook: Successful execution of this PMC mandate could position NBCC as a preferred consultant for similar state-level education infrastructure programs across India. The project also supports ESG objectives by enhancing access to quality education — a growing focus for public-sector undertakings.

NBCC

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