Free Press Journal

NBCC bags Rs 126.33 crore project in Telangana



New Delhi: State-run NBCC has bagged Rs 126.33 crore project in Telangana for carrying out civil works at different colleges of Acharya NG Ranga Agricultural University (ANGRAU) in the state. The company had secured a total business of Rs 276.96 crore from various clients last month. “ANGRAU, Hyderabad has entrusted the project of civil works at different colleges of the university to NBCC for estimated amount of Rs 126.33 crore (approx),” the company said in a regulatory filing to BSE. Earlier this year, National Buildings Construction Corporation Ltd (NBCC) signed an agreement with Delhi Development Authority (DDA) to develop a 30-hectare mega project that will also house the tallest tower in the capital. This would be the first project based on ‘Transit Oriented Development’ (TOD) norms with ‘Smart City’ features. Shares of NBCC today closed at Rs 1015.95 apiece, 0.19% higher than the previous close on BSE.