NBCC (India) Ltd.

BSE: 534309 | NSE: NBCC
Small Cap | Engineering Consultancy
116.05
2.45 (2.16%)
< Home < Back

NBCC signs MoU with RLDA for re-development of 10 railway stations

Date: 01-07-2017

NBCC has signed a Memorandum of Understanding (MoU) with Rail Land Development Authority (RLDA), a statutory authority under the Ministry of Railways for re-development of 10 Railway stations i.e Tirupati, Pudducherry, Ernakulam, Nellore, Madgaon, Thane, Lucknow, Kota, Gomati Nagar (Lucknow) & Sarai Rohilla (Delhi).The re-development of railway station would be integrated with Smart City features. 

The project would be developed on self sustainable finance model through commercial exploitation of vacant railways land. Commercial built up space having Business Centre, Offices, F&B courts, Restaurants, Hotels, Retails, IT/Ites & air space over tracks shall be leased out to generate funds for development of stations.

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.