NBCC has won a Rs 250-crore order from the Mauritius government to build the new Supreme Court building. The company has been appointed as the project management consultant.
Speaking to CNBC-TV18, Anoop Kumar Mittal, Chairman of the company said the approximate value of the project is USD 33 million.
He said this is not the first project in Mauritius and before this the company had worked on the Indira Gandhi cultural centre.
“Company’s total order book is Rs 80,000 crore and margins from international orders is same as the domestic market.”
There are few more projects in the pipeline for the company in Mauritius and one of the projects is housing for government employees.
“We are also planning to launch a subsidiary which will be aggressive in the international market.”
The company is targeting projects which are funded by the government.
NBCC has also won a memorandum of understanding (MoU) with Air India and the project will start in the next financial year.
He also added that share buyback in not on cards for NBCC.
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