NBCC (India) Ltd Secures ₹50.54 Crore Project for Maa Chintpurni Temple Development
New Government Project Awarded under PRASHAD Scheme
On June 10, 2025, NBCC (India) Limited, a premier government enterprise under the Ministry of Housing and Urban Affairs, announced a significant development — the company has been awarded a project worth ₹50.54 crore (excluding GST) for the development of the Maa Chintpurni Temple in Una district, Himachal Pradesh.
The work has been sanctioned under the PRASHAD Scheme (Pilgrimage Rejuvenation and Spiritual Heritage Augmentation Drive) initiated by the Ministry of Tourism, Government of India. NBCC will serve as the Project Management Consultant (PMC) for this prestigious infrastructure undertaking.
Project Details and Significance
This temple development project reflects the government’s continued emphasis on improving pilgrimage and heritage sites across the country. The Maa Chintpurni Temple, a well-known Shaktipeeth and a major spiritual attraction in northern India, will benefit from a comprehensive development plan aimed at enhancing its infrastructure, aesthetics, and visitor facilities.
Some key points regarding the contract:
- Client: Ministry of Tourism, Government of India
- Order Value: ₹50.54 crore (excluding GST)
- Nature of Work: Project Management Consultancy
- Location: Una district, Himachal Pradesh
- Project Type: Domestic
- Award Date: June 10, 2025
While the exact execution timeline is yet to be disclosed, such projects typically span 12–24 months and include civil, landscaping, sanitation, and accessibility enhancements.
This contract is a part of NBCC’s routine business and aligns with its core strength in government infrastructure and heritage development projects.
NBCC’s Current Financial Performance
NBCC reported a strong financial performance for FY24, reinforcing its position as a reliable infrastructure player.
Q4 FY24 Highlights (Jan–Mar 2025):
- Revenue from operations: ₹3,035 crore, up 20% YoY
- Net Profit: ₹126 crore, registering 18% growth
- EBITDA: ₹196 crore, with a margin of 6.5%
- Order Book: Over ₹61,000 crore, ensuring high visibility for future revenues
NBCC has also witnessed a surge in PMC revenue, which remains its most profitable vertical. Contribution from redevelopment projects and smart city initiatives have significantly bolstered margins and profitability.
Moreover, NBCC’s debt-free status and strong cash reserves continue to offer strategic advantages in terms of project financing and bid competitiveness.
Company Background: NBCC (India) Limited
NBCC (India) Ltd, formerly known as National Buildings Construction Corporation Limited, was incorporated in 1960 and is a Navratna CPSE (Central Public Sector Enterprise) under the Ministry of Housing and Urban Affairs.
NBCC specializes in:
- Project Management Consultancy (PMC)
- Engineering Procurement & Construction (EPC)
- Real Estate Development
NBCC is renowned for executing iconic government projects, such as:
- AIIMS redevelopment projects across various cities
- Central Vista Avenue in Delhi
- Supreme Court and PMO infrastructure projects
- Smart Cities Mission-related assignments
With a presence in India and abroad, NBCC also undertakes projects in countries like Maldives, Mauritius, and the Middle East, strengthening India’s diplomatic and development outreach.
The company is publicly listed on both BSE (Scrip Code: 534309) and NSE (Symbol: NBCC) and has consistently maintained government stakeholding above 61%.
