NBCC (India) has been awarded the contracts wherein the company is working as Project Management Consultant and will get Project Management Consultancy Fee on the Project Cost at 6.50% and revenue booking from the projects will start from September, 2017.
The project is for redevelopment of ITPO Complex into Integrated Exhibition-Cum-Convention Centre (IECC) at Pragati Maidan, New Delhi to Shapoorji Pallonji and Co. - Shapoorji Pallonji Qatar W.L.L (JV) for around Rs 2149.93 crore with completion period of two years.
The second project is for Canal Work including Cross Drainage Structures & Design for Gosikhurd National Project in Bhandara, Nagpur and Chandrapur Districts of Maharashtra to Punj Lloyd for around Rs 870.15 crore with completion period of eighteen months.
NBCC (India) 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.