NBCC Gets Project Worth Rs 100 Cr In Hyderabad By Bidding Through GeM

NBCC received a work order related to the construction of a new training centre and renovation of the existing buildings of REC Institute of Power Management Training at Hyderabad.

The project cost is almost Rs 100 crore, out of which Rs 60 crore is for the Construction of a new training centre, hostel, classrooms, auditorium, Kitchen/Dining facility, landscaping in the the entire campus, etc. The remaining Rs 40 crore is expected to be spent on the demolition of the old and unsafe existing elevated service reservoir, its new construction with modified design/ capacity and renovation of existing RECIPMT buildings comprising of office buildings, classrooms, hostel and allied buildings.

This is the first such assignment secured by NBCC (India) by participating in the tender through the GeM portal as a seller. NBCC has secured this tender on the Quality Cost Based System (QCBS) method by receiving the highest marks after competing with other bidders through GeM.

REC Institute of Power Management Training (RECIPMT) has a land measuring 14 acres in Hyderabad. With the award of executing this work, NBCC shall strive to facelift the old buildings and develop new infrastructure for equipping state-of-the-art facilities within the institute.