NBCC Secures Rs 1,000 Crore Contract for Gondwana University Project
State-owned NBCC's subsidiary, Hindustan Steelworks Construction, has won a Rs 1,000 crore contract to develop the campus of Gondwana University in Gadchiroli, Maharashtra. This project marks a significant milestone in NBCC's project management and real e
NbccHindustan Steelworks ConstructionGondwana UniversityGadchiroliEducational InfrastructureReal Estate MaharashtraOct 10, 2024
In a regulatory filing, NBCC stated that HSC has been given the responsibility to construct and develop the entire campus of Gondwana University. This project is expected to significantly boost the educational infrastructure in the region and facilitate advanced learning and research facilities for students and faculty.
Gondwana University, located in Gadchiroli, is a newly established institution that aims to provide high-quality education and promote research in various fields. The university's development is a key part of the government's initiative to enhance educational opportunities in rural and underdeveloped areas.
NBCC, which is primarily engaged in project management consultancy and real estate, has a strong track record of delivering large-scale projects across India. The company has successfully completed several educational, residential, and commercial projects, making it a preferred choice for government and private sector clients.
Dr. Rajiv Kumar, CEO of NBCC, expressed his enthusiasm about the new contract. 'We are delighted to have been chosen for this prestigious project. The development of Gondwana University will not only contribute to the growth of the educational sector in Maharashtra but also create numerous job opportunities in the region. Our team is committed to delivering a world-class campus that meets the highest standards of quality and sustainability,' he said.
The project is expected to be completed within a timeframe of 36 months, subject to regulatory approvals and other necessary clearances. NBCC will employ advanced construction techniques and sustainable practices to ensure timely and efficient execution of the project.
This contract is a significant achievement for NBCC and further strengthens its position in the Indian construction and real estate market. The company's expertise in project management and its commitment to excellence will be key factors in the successful completion of the Gondwana University campus.
About NBCC\nNational Buildings Construction Corporation (NBCC) is a leading state-owned enterprise in India, specializing in project management consultancy and real estate development. With a rich history spanning several decades, NBCC has undertaken numerous high-profile projects across various sectors, including education, residential, commercial, and infrastructure. The company is known for its commitment to quality, innovation, and sustainable practices, making it a trusted partner for both government and private sector clients.
Frequently Asked Questions
What is NBCC's subsidiary that won the contract?
Hindustan Steelworks Construction (HSC) is the subsidiary of NBCC that won the Rs 1,000 crore contract to develop the Gondwana University campus.
Where is Gondwana University located?
Gondwana University is located in Gadchiroli, Maharashtra.
What is the total value of the contract?
The total value of the contract is Rs 1,000 crore.
What is the expected completion timeframe for the project?
The project is expected to be completed within 36 months, subject to regulatory approvals and other necessary clearances.
What other sectors does NBCC operate in?
NBCC operates in various sectors, including education, residential, commercial, and infrastructure, offering project management consultancy and real estate development services.
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