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NBCC not to invest any money in Amrapali's stalled projects

19 Aug 2019 Evaluate

NBCC (India) is not going to invest any money in completing debt-laden Amrapali's stalled projects that require a whopping Rs 8,500 crore investment.

Last month, the Supreme Court asked NBCC to complete pending projects of the Amrapali Group at an 8 per cent commission.

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.

Peers
Company Name CMP
NBCC (India) 80.60
Rites 206.55
Mold-Tek Tech 199.05
Dhruv ConsultancySer 21.29
Telge Projects 216.00
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