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Indian Administration

NBCC Includes J&K Projects in ₹15,000–16,000 Crore Annual Award Plan: CMD

NBCC Includes J&K Projects in ₹15,000–16,000 Crore Annual Award Plan: CMD

₹50,000–60,000 Crore Work Orders Expected

New Delhi, 11.11.26 – By Z A Ansari : NBCC (India) Limited has included projects in Jammu and Kashmir (J&K) in its annual project-awarding pipeline of ₹15,000–16,000 crore, Chairman-cum-Managing Director K. P. Mahadevaswamy said, outlining the company’s project execution and order inflow outlook.

Speaking about the company’s project pipeline, Mahadevaswamy said the annual awarding target includes projects already committed, including those in J&K and Supertech. NBCC is also expecting additional project opportunities from the Bihar and West Bengal governments following the signing of Memorandums of Understanding (MoUs) with both state governments.

The CMD said NBCC expects to secure work orders worth ₹50,000–60,000 crore during the year. The company has already received government projects worth around ₹2,500 crore, while another ₹8,000 crore worth of work orders is expected within the current quarter.

Also Read….. NBCC Q2 EBITDA jumps 153.98%; income rises 37.78%

He further indicated that projects under the General Pool Residential Accommodation (GPRA) programme are in the pipeline and could be awarded either in the current quarter or the next quarter. The five GPRA projects are expected to generate work orders worth approximately ₹30,000–35,000 crore.

On the company’s financial outlook, Mahadevaswamy expressed confidence in achieving standalone revenue of ₹13,000–14,000 crore, noting that the first and second quarters are generally slower, while a larger contribution is expected during the subsequent quarters.

For FY29, NBCC has already committed to a consolidated business target of around ₹21,000 crore, with the CMD indicating an expected growth trajectory of 20–25% at the standalone level as well.

The inclusion of Jammu and Kashmir projects in NBCC’s annual awarding pipeline adds to the company’s regional project development prospects, alongside its expanding government infrastructure and residential development portfolio.

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NBCC J&K Projects in ₹15,000 Crore Award Plan