NBCC Secures ₹2,966 Crore Work Order from NMRDA for Naveen Nagpur Development

NBCC (India) Limited has announced the receipt of a major work order valued at approximately **₹2,966.10 crore**, awarded by the **Nagpur Metropolitan Region Development Authority (NMRDA)**. The order falls under the Project Management Consultancy (PMC) scope for the **Development of Naveen Nagpur – Phase 1**, marking a significant addition to NBCC’s expanding execution pipeline. As per the company’s filing dated **19 November 2025**, the entire contract value of **₹2,966.10 crore (excluding GST)** is part of NBCC’s ordinary business operations. The work order has been categorised as a **domestic project**, with NBCC to act as the PMC agency overseeing planning, coordination, and execution for Phase 1 of the urban development programme. NBCC has not specified the exact execution timeline in the disclosure, though such large-scale city development projects typically span multiple years. The company confirmed that the contract does **not involve any related-party transactions**, nor do promoter or group entities hold any interest in the awarding authority. This award further strengthens NBCC’s position in large public-sector infrastructure and urban transformation projects. With increasing participation in smart city and metropolitan urban expansion programmes, NBCC continues to reinforce its role as a key government-backed infrastructure consultancy. The disclosure has been uploaded to the exchanges (NSE & BSE) and is also available on the company’s website for public reference. **Disclaimer:** For information only, not investment advice. **Follow for more finance updates.**