NBCC has emerged as the highest bidder for taking over public sector firms HSCC and Engineering Projects (EPI). The total investment from NBCC towards these acquisitions could be to the tune of about Rs 400 crore. The two acquisitions are estimated to add Rs 14,500 crore to the company’s outstanding order book of Rs 80,000 crore.
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.
