-3.50 (-3.04%) National Buildings Construction Corporation (NBCC), state owned construction major, has secured work order of Rs 2,067 crore in first quarter of this fiscal, well above the targeted MoU of Rs 1,250 crore signed with the Government. The annual MoU of NBCC with the Government in respect of the order book target has been fixed at Rs 5,000 crore for the company during FY 2014-15.
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.