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NBCC has secured a Rs.161.55 crore order from Power Finance Corporation for interior work at the World Trade Centre in Delhi. The development follows its Rs.1,467.93 crore residential deal, with NBCC share price rising 2.06% post-announcement.
NBCC (India) Ltd, the state-owned construction major, has announced a fresh work order worth Rs.161.55 crore (excluding GST) from Power Finance Corporation Limited. The contract involves interior finishing for Tower H at the World Trade Centre, located in Nauroji Nagar, New Delhi. The new assignment is part of NBCC’s regular business operations and reinforces its presence in large-scale government infrastructure projects.
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Order Value: Rs.161.55 crore excluding GST
Project Scope: Interior work at Tower H, World Trade Centre, Delhi
Awarding Authority: Power Finance Corporation Limited
Business Category: Routine order within NBCC’s standard operations
Stock Movement: NBCC share price rose by 2.06% on the BSE
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The latest government contract follows another major development by NBCC — the successful e-auction of Aspire Silicon City – Phase 4 in Noida. In one of the largest residential property transactions in the region this year, AU Real Estate acquired development and selling rights for Rs.1,467.93 crore. The project spans 8.5 acres and includes seven residential towers, five of which, comprising 446 apartments, have already been handed over.
NBCC has redesigned the layout of the Aspire Silicon City project to accommodate demand for larger homes. The upgraded blueprint includes spacious apartments, select penthouses, and enhanced privacy through limited units per floor. A G+4 storey clubhouse will feature premium amenities like a pool, gym, sauna, business centre, and play areas.
Project Name | Location | Project Value | Scope of Work | Partner |
World Trade Centre, Tower H | New Delhi | Rs.161.55 crore | Interior Work | Power Finance Corporation |
Aspire Silicon City – Phase 4 | Noida Sector | Rs.1,467.93 crore | Development & Selling Rights | AU Real Estate |
Following the announcement, NBCC share price rose by 2.06% to close at Rs.113.12 on the BSE, reflecting positive investor sentiment. The dual momentum of government contracts and successful real estate transactions continues to strengthen the company’s market standing. As infrastructure demand rises, NBCC’s strategic developments may play a key role in boosting long-term investor interest and potentially influencing future movements in NBCC share price.
The company’s consistent inflow of public and residential orders signals stable growth ahead, with the NBCC share price performance likely to reflect further expansion into high-value urban projects.
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Source: CNBCTV18
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