NBCC (India) wins EPC contract for Maldives social housing project

NBCC (India) Limited said that it has bagged an engineering, procurement, and construction (EPC) contract in the Maldives for a social housing project.

The project involves the construction of 2,000 social housing units on the island of Hulhumale.

The total cost of the social housing project in the Maldives is around INR 968.5 crores ($130 million).

Formerly called National Buildings Construction Corporation, NBCC (India) is an Indian government-owned enterprise based in New Delhi.

In July 2021, the company said that it had won five orders with a combined worth of around INR 321.5 crores.

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