State-owned NBCC India Ltd on Wednesday (November 19) said it has secured a project management consultancy (PMC) contract worth approximately ₹2,966.10 crore for the development of Naveen Nagpur under Phase-1 of the Nagpur Metropolitan Region Development Authority (NMRDA).

The order, valued at ₹2,966.10 crore excluding GST, has been awarded by the Nagpur Metropolitan Region Development Authority. NBCC said the work falls within the ordinary course of its business. The scope involves PMC services for the development of Naveen Nagpur, a major regional project.

The contract has been awarded by a domestic entity and does not fall under related-party transactions. Promoters or promoter group companies have no interest in the awarding authority.

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