NBCC (India) Ltd.

BSE: 534309 | NSE: NBCC
Small Cap | Engineering Consultancy
116.30
2.70 (2.38%)
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NBCC receives LoI worth Rs 3,200 crore from Department of Customs and Excise

Date: 20-09-2017

NBCC (India) has received Letter of Intent (LoI) from Department of Customs and Excise, Government of India for Planning, Designing & Construction of office complex and residential quarters at Customs Enclave Plot, Wadala in Mumbai amounting to around Rs 3,200 crore on self-revenue generation model.

Recently, the company had inked an agreement with BZS of Belarus for infrastructure and energy projects. The MoU pertaining to strategic cooperation had been entered between NBCC and BZS for joint participation in the upcoming infrastructure and energy development projects in India and Republic of Belarus.

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.