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:
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Awarding Entity: Bihar Medical Services & Infrastructure Corporation Limited (BMSICL)
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Project Scope: Comprehensive redevelopment of Darbhanga Medical College & Hospital, including the renovation and construction of medical college buildings, hospital infrastructure, and associated facilities.
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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.
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Execution Timeline:
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Construction Period: 42 months
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Defect Liability Period (DLP): 36 months
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Order Classification: Domestic
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Promoter Interest: No promoter/promoter group involvement in BMSICL.
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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.
