NBCC Announces Oil India And HAL Contracts, Rajasthan Tourism Project And Four Bihar Redevelopment Projects Worth ₹2,000 Crore

NBCC (India) Ltd has announced multiple project developments. These include work orders from Oil India Limited and Hindustan Aeronautics Limited (HAL), a tourism infrastructure assignment in Rajasthan and four redevelopment projects in Patna. The Bihar projects have a tentative cost of around ₹2,000 crore, with expected sale and lease proceeds of approximately ₹5,152 crore.

The announcements also include the development of the Maharana Pratap Tourist Circuit at Haldighati in Rajasthan. The Bihar redevelopment plan will be undertaken on a self-financing basis, without budgetary assistance from the state government.

The NBCC share price was trading at ₹76.25 on the National Stock Exchange (NSE) at 10.27 AM, up ₹0.12 or 0.16% from the previous close of ₹76.13.

What Are The Details Of NBCC's New Work Orders?

NBCC has received two domestic work orders with a combined value of approximately ₹70.50 crore, excluding Goods and Services Tax (GST).

Oil India Limited has sanctioned an additional ₹47.03 crore for the construction of an Executive Housing Complex in the DX Area of Duliajan, Assam, on a turnkey basis. NBCC had previously disclosed a sanction of ₹227.99 crore for the same project in March 2026.

The second work order, worth approximately ₹23.47 crore, has been awarded by HAL. It covers engineering, procurement and construction turnkey services, including consultancy and execution, for a Light Combat Aircraft (LCA) Engine Test Bed and Module Change Workshop. The facility is proposed at the Indian Air Force base in Bathinda or another IAF base in India.

Both assignments fall under NBCC's project management consultancy business.

What Are The Four Redevelopment Projects Planned In Bihar?

NBCC has signed memorandums of understanding (MoUs) with various departments of the Bihar government to undertake four redevelopment projects in Patna under Phase I. The agreements were signed in the presence of Bihar Chief Minister Samrat Choudhary and NBCC Chairman and Managing Director K. P. Mahadevaswamy, along with other state government officials.

The proposed projects include the residential redevelopment of Bihar State Housing Board (BSHB) colonies at Sector 5, also known as TV Tower, and Sector 6 at Bahadurpur. Together, these two projects will provide 3,331 residential flats across the Economically Weaker Section (EWS), Low Income Group (LIG), Middle Income Group (MIG) and High Income Group (HIG) categories. The plan also includes shopping complexes, clubhouses, gyms, community facilities and office spaces.

The third project involves developing a modern Information Technology (IT) Tech Park for the Department of Information Technology, Bihar, at Gardanibagh. The fourth assignment covers hotels and commercial spaces at the Water Resources Department site on Bailey Road in Patna.

What Is The Maharana Pratap Tourist Circuit Project In Rajasthan?

Separately, NBCC is undertaking the development of the Maharana Pratap Tourist Circuit at Haldighati in Rajasthan under an MoU with the Department of Tourism, Government of Rajasthan.

The state government has sanctioned an approximate project cost of ₹168.39 crore, excluding GST. This includes a project management consultancy fee of 4.25% on the actual project cost.

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