NCC Limited Wins ₹1,480 Crore Contract for Redevelopment of Darbhanga Medical College & Hospital

NCC Limited has been awarded a major contract by Bihar Medical Services & Infrastructure Corporation Limited (BMSICL) for the redevelopment of Darbhanga Medical College & Hospital (DMCH) at Laheriasarai, Darbhanga.

Key Details of the Order:

• Awarding Entity: Bihar Medical Services & Infrastructure Corporation Limited (BMSICL)

• Project Scope: Comprehensive redevelopment of Darbhanga Medical College & Hospital, including the renovation and construction of medical college buildings, hospital infrastructure, and associated facilities.

• Contract Value: ₹1,480.34 Crore (excluding GST), classifying it as a major order as per NCC Limited’s policy, which considers orders above ₹1,000 crore as major.

• Execution Timeline:

  • Construction Period: 42 months

  • Defect Liability Period (DLP): 36 months

• Order Classification: Domestic

• Promoter Interest: No promoter/promoter group involvement in BMSICL.

• Related Party Transaction: The contract does not fall under related party transactions.

This contract marks a significant milestone in NCC Limited’s portfolio and reinforces its presence in the infrastructure development sector. The project will play a crucial role in modernizing medical infrastructure in Bihar, contributing to better healthcare facilities.