Highlights:

• NBCC receives a ₹2,966.10 crore PMC contract for Phase-1 of Naveen Nagpur development.
• The order has been awarded by the Nagpur Metropolitan Region Development Authority (NMRDA).
• The contract is a domestic project management consultancy assignment executed entirely within India.

NBCC (India) Limited (NSE:NBCC) has been awarded a significant Project Management Consultancy (PMC) contract for the development of Naveen Nagpur – Phase-1. The order, valued at approximately ₹2,966.10 crore (excluding GST), has been granted by the Nagpur Metropolitan Region Development Authority (NMRDA), the authority responsible for planning and implementing urban development projects in the Nagpur Metropolitan Region.

Scope and Nature of the Assignment

The assignment involves providing comprehensive project management consultancy services for the development of the Naveen Nagpur project. As the PMC, NBCC will be responsible for planning, monitoring, and coordinating various stages of the development to ensure efficient execution. This assignment is domestic in nature and involves coordination with multiple stakeholders under NMRDA’s guidance.

Client and Domestic Engagement

This domestic contract emphasizes NBCC’s role in supporting urban infrastructure projects within India. The project is part of NMRDA’s broader effort to enhance urban planning, infrastructure, and development in the Nagpur Metropolitan Region, aligning with the city’s long-term development vision.

Financials and Project Consideration

The PMC contract has a broad consideration of ₹2,966.10 crore. While the time frame for completion has not been specified, the contract ensures NBCC’s involvement in a high-value, strategic urban development project. This contract adds to NBCC’s portfolio of significant consultancy assignments in India’s urban development sector.

Significance of the Development

The Naveen Nagpur project – Phase-1 – is envisioned as a major urban development initiative under NMRDA. With NBCC serving as the project management consultant, the project will receive structured planning, execution monitoring, and technical oversight.

NBCC shares were trading at ₹114.46 per share during the trading session on 20 November 2025.