yandex
newsip
background-0
advertisement-0
background-1
advertisement-1
background-2
advertisement-2
background-3
advertisement-3
background-4
advertisement-4
background-5
advertisement-5
background-6
advertisement-6
background-7
advertisement-7
background-8
advertisement-8
background-9
advertisement-9
Indian Administration

NBCC inks MoU Rs 100 Crore Contract from Oil India Limited

NBCC inks MoU  Rs 100 Crore Contract from Oil India Limited
New Delhi, June 11, 2024: NBCC (India) Limited, a Navratna CPSE, has secured a contract worth approximately Rs 100 crore from Oil India Limited (OIL) to build a centralized core repository with advanced laboratory facilities in Guwahati, Assam. The agreement marks a significant milestone in the company’s growth trajectory, demonstrating its expertise in construction and infrastructure development. With a strong pipeline of projects, including a Rs 700 crore contract from Kochi Metro Rail Limited and other projects worth Rs 979 crore, NBCC is poised for significant growth and revenue expansion. Financial Conclusion: This contract win is expected to boost NBCC’s financial performance, driving revenue growth and profitability. The company’s order book is likely to receive a significant boost, driving growth and investor confidence.

Share This Article:

This post is sponsored by Indian CPSEs and co sponsored by Google, a partner of NewsIP Associates.