-3.50 (-3.04%) National Buildings Construction Corporation (NBCC) will be setting up a Joint Venture (JV) Company with Government of Rajasthan. In this regard, signing of agreement is in advance stage.
In the Budget speech, Chief Minister, Government of Rajasthan announced to form a JV Company with NBCC to execute various re-developmental works and construction projects in the state of Rajasthan.
National Buildings Construction Corporation 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.