Categories: Business

NBCC gets ₹100 crore contract from Oil India to build centralised core repository with lab facilities

State-owned NBCC (India) Limited has bagged a ₹100 crore contract from Oil India to construct a centralised core repository with advanced laboratory facilities, in Guwahati in Assam.

In a statement on June 12, NBCC said it has inked a Memorandum of Understanding (MoU) with Oil India for the construction of a centralised core repository with advanced laboratory facilities at Guwahati in Assam. “This work is valued at ₹100 crore approximately,” it added.

The MoU was signed by SalomaYomdo, ED (E&D), OIL and Pradeep Sharma, ED (Engg.), NBCC in the presence of Ranjit Rath, CMD, OIL, K. P. Mahadevaswamy, CMD, NBCC, Saleem Ahmad, Director (Projects), NBCC and other senior-level officials from both the organisation.

NBCC and OIL are also in the final stages of discussion for undertaking various other works, such as the execution of a hospital, group housing, guest house, installation of solar rooftop panels etc., in Assam. “The anticipated value of these works is ₹900 crore approximately.” In the recent past, NBCC has received a work order from Kochi Metro Rail Limted valuing ₹700 crore for developing 17.4 acres in Kakkanad and Ernakulam, Kerala.

Similarly, NBCC will also be executing the construction of a boy’s hostel for Hindu College, University of Delhi with an approximate value of ₹70 crore. The company will also be executing the construction of office-cum-training institute of the Institute of Company Secretaries of India (ICSI) at Khaitabad, Hyderabad with an approximate value of ₹9 crore.

News Today

Recent Posts

Kareena Kapoor’s Next Untitled Film With Meghna Gulzar Gets Prithviraj Sukumaran On Board

Kareena Kapoor is working with Raazi director Meghna Gulzar for her next film. The project,…

14 hours ago

Purdue basketball freshman Daniel Jacobsen injured vs Northern Kentucky

2024-11-09 15:00:03 WEST LAFAYETTE -- Daniel Jacobsen's second game in Purdue basketball's starting lineup lasted…

14 hours ago

Rashida Jones honors dad Quincy Jones with heartfelt tribute: ‘He was love’

2024-11-09 14:50:03 Rashida Jones is remembering her late father, famed music producer Quincy Jones, in…

14 hours ago

Nosferatu Screening at Apollo Theatre Shows Student Interest in Experimental Cinema – The Oberlin Review

2024-11-09 14:40:03 A silent German expressionist film about vampires accompanied by Radiohead’s music — what…

14 hours ago

What Are Adaptogens? Find Out How These 3 Herbs May Help You Tackle Stress Head-On

Let's face it - life can be downright stressful! With everything moving at breakneck speed,…

14 hours ago

The new Mac Mini takes a small step towards upgradeable storage

Apple’s redesigned Mac Mini M4 has ditched the previous M2 machine’s SSD that was soldered…

14 hours ago