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Capacite Infraprojects Secures ₹1,320 Crore Contract from NBCC

Written by: Team Angel OneUpdated on: Feb 14, 2025, 3:41 PM IST
Capacite Infraprojects wins a ₹1,320 crore contract from NBCC for residential development in Greater Noida, reinforcing its presence in India’s infrastructure sector.
Capacite Infraprojects Secures ₹1,320 Crore Contract from NBCC
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Capacite Infraprojects Limited has secured a significant contract worth ₹1,320 crore from NBCC (India) Limited, a Navratna Central Public Sector Enterprise (CPSE). The project involves the development of Leisure Valley Phase-II Residential Apartments in Greater Noida’s Tech Zone-IV. This contract, awarded on an Engineering, Procurement, and Construction (EPC) basis, also includes a comprehensive 2-year operation and maintenance period.

As of 12:47 PM, the share price of Capacite Infraprojects was down by over 13%. 

Scope of the Project

The awarded contract encompasses the design, engineering, procurement, and construction of residential apartments at Plot No. GH 02 in Greater Noida. This large-scale housing project is expected to contribute to the region’s urban development, aligning with the broader infrastructural goals of NBCC, a government-backed entity responsible for executing key real estate projects across India.

Strengthening Market Presence

Commenting on the same, Mr. Rahul Katyal, Managing Director said, we are delighted to be entrusted by our new client NBCC (India) Limited, a Navratna CPSE, for their project in Greater Noida and also thankful to them for their trust and belief in our capabilities. This signifies an important milestone in our client expansion and strengthens our position as a preferred partner for marquee projects. We remain confident of delivering the project within the stipulated timelines and to client satisfaction. At Capacit’e, it is our continuous endeavour to add quality orders from existing and new clients, in the public and private sectors and we are confident on the growing execution capabilities of the Company. 

About Capacit’e Infraprojects

Capacite Infraprojects is a leading construction services provider, specialising in high-rise and super high-rise buildings, townships, mass housing projects, office complexes, IT parks, and institutional infrastructure such as healthcare facilities and industrial buildings. The company has carved a niche in the building construction segment, leveraging technology, a robust asset base, and the extensive experience of its promoters in the EPC space.

With a growing portfolio of projects across India, Capacit’e has established a reputation as a quality contractor working with major real estate developers. Its continuous efforts to expand its order book highlight its ambition to be a key player in India’s infrastructure development.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Feb 14, 2025, 3:41 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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