5.35 (4.94%) NBCC has signed memorandum of understanding (MOU) with Indian Telephone Industries (ITI), a state- owned manufacturer of telecommunications equipment in India and a central PSU under Department of Telecommunications, Ministry of Communication & IT and Government of India. NBCC & ITI agreed to jointly carry out feasibility study/ Preparation of DPR for developing ITI land Parcel of 30 acres at Electronic City Bangalore. The development of Project through joint venture shall be undertaken on Project specific agreement.
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.