The scope of the project entails construction of MP Hall at Jawahar Navodaya Vidyalaya (JNV) in various location of Bihar, Jharkhand and UP.

The nature of the said contract is 'project management consultancy on deposit work basis'.

The company said that the order is expected to be executed in 12 months.

NBCC (India) provides civil engineering construction services. As on 31 December 2022, the Government of India held 61.75% stake in NBCC (India).

The company reported a consolidated net profit of Rs 108.41 crore in Q4 FY23 steeply higher than Rs 35.39 crore posted in Q4 FY22. Net sales grew by 14.2% to Rs 2,732.42 crore during the quarter.

Shares of NBCC (India) were up 0.22% to Rs 41.27 on the BSE.