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CNBC TV1814-01-2026, 17:57

NBCC Secures ₹55 Crore Indian Overseas Bank Project for Raipur Office

  • State-owned NBCC (India) Ltd secured a ₹55.02 crore work order from Indian Overseas Bank (IOB).
  • The contract involves planning, designing, executing, and handing over IOB's new regional office in Raipur.
  • NBCC will act as a project management consultancy for the Raipur office project.
  • Separately, NBCC's subsidiary HSCC (India) Ltd signed an MoU with Bharat Electronics Ltd (BEL).
  • The MoU with BEL focuses on healthcare manufacturing, medical devices, IT solutions, and advisory services.

Why It Matters: NBCC secured a significant project from IOB for its Raipur office and its subsidiary partnered with BEL for healthcare.

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