National Buildings Construction Corporation (NBCC) has received board’s approval for takeover of Hindustan Steelworks Construction (HSCL) after restructuring its Balance Sheet involving waiver off Government Loans with interest up to the date of takeover and providing further contribution for contingent liabilities and payment of other liabilities including bank loans.
NBCC is one of the few public sector companies engaged in the business of project management consultancy services for civil construction projects (PMC), civil infrastructure for power sector and real estate development.
